Indexes Post Moderate Weekly Loss - Posted by Coolhand

As difficult as this market has seemed at times, the indexes were only down moderately last week (about 0.5% or less). They still sport significant gains on the month.

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Friday saw the market make it 2 up days in a row. Momentum is flattening. I'd like to see price on the S&P 500 make a run at the September high and break to the upside from there. I suspect that will eventually happen.

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Breadth moved higher and remains bullish.

TSP Talk sentiment came in neutral with an almost even split between bulls and bears. Of course, NAAIM remains bullish.

I just can't get bearish on this market (not that I want to). Especially when the smart money is long. Don't forget about the wall of worry.

I remain bullish.