The bulls did well last week, posting more than 3% gains in the C and S funds.
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The 200 dma remains a battleground, but so far that average is supporting price on the S&P 500. I am not concerned about it failing with the smart money taking more bullish positions.
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Breadth remains bullish.
TSP Talk sentiment came in bullish this week. Guess some of us were waiting for NAAIM to lead the way. Not a bad idea. :smile:
There is no shortage of bad news right now and it's probably going to get worse. That may mean the market soars or at least continues to trend higher,
I remain bullish.