Market Remains Resilient - Posted by Coolhand

Market resilience remains in evidence as Friday's rally demonstrates. For the week, the S&P dipped modestly, while the DWCPF rose moderately.

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Looking at the DWCPF, price closed above the previous week's peak and is now ready to challenge or test the March peak. Price on the S&P closed very near its all-time high.

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Breadth hit a fresh high on Friday and remains bullish.

Our TSP Talk sentiment survey didn't change a whole lot and remains bullish, just like NAAIM.

It would seem that the market remains on a mission to burn the bears. It's been going on a long time now. I found this article today and thought it was at least somewhat accurate. https://www.zerohedge.com/markets/shorts-go-extinct-all-market-sell-signals-are-now-completely-useless

I remain bullish on the S&P and will shift modestly bullish on the DWCPF, which still has work to do on the upside.