The bulls turned the market around today after a bout of weakness on Wednesday. Small caps continued leading large caps.
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We can see that price closed at another all-time high on the DWCPF, while price failed to recoup Wednesday's losses on the S&P 500. Momentum continues to rise on the DWCPF and remains flat on the S&P.
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Cumulative breadth hit another all-time high on the NYSE and remains bullish.
NAAIM saw an increase in bullishness and is now quite bullish overall.
Stock rotation continues to favor smaller companies. I do suspect that the S fund will continue to outpace the C fund for the time being.
I remain bullish.
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Or you can now use TapaTalk again!Bulls Quickly Take Back Control - Posted by Coolhand
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