The bulls had a very good week last week, especially if you were exposed to the S Fund. We have not hit a higher high yet, but the market is not far from making one if the rally continues on this up-leg. No doubt, many cannot fathom how this market continues to defy gravity given the headlines. Kinda makes you want to through out fundamentals altogether, doesn't it?
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View attachment 46105
The up-trend remains firmly in place, but there resistance above at the 200 dma.
Breadth remains bullish.
TSP Talk sentiment came in neutral. NAAIM is leaning bullish.
I remain bullish.
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