DWCPF Leads the S&P - Posted by Coolhand

Monday starts the week off on the bullish side as the S&P posted a modest gain, but the DWCPF rallied for more than 1%.

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That rally in the DWCPF saw price close above the March peak and it's now testing the closing February peak. Momentum is rising on the DWCPF, but flat on the S&P.

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Cumulative breadth hit another all-time high and remains bullish.

With the DWCPF now showing more life, it is highly likely it will push on to fresh highs. It does need to push past resistance, but since this is still a bull market, are there any doubters that it will fail? NAAIM is bullish and we are bullish. That's been a winning combo most of the time.

I am now bullish on both the S&P and the DWCPF.
 
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