After daring to feel bullish yesterday the market reminded me that it's not one-sided (I already knew that).
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Once again, it's the S&P 500 that is struggling the most as price closed just under the 50 dma once again. But price on the DWCPF held up much better and that index continues to lead of late. It's hard to get bearish on the action as a total given the disparity.
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Breadth dipped, but remains solidly bullish.
This is an interesting market right now where small caps are leading large caps despite the economic risks (perceived or real).
I am going to remain modestly bullish taking my cues from the DWCPF for now.
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Or you can now use TapaTalk again!Large Caps Struggling - Posted by Coolhand
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