Mixed Day, But the S&P Makes it 5 in a Row - Posted by Coolhand

We got a mixed day of action today as the S&P 500 made it 5 up days in a row, but the DWCPF closed modestly lower.

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The charts remain decidedly bullish. RSI is getting close to overbought, but that's not a big concern with the smart money being bullish.

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Breadth dipped just a bit and remains bullish.

NAAIM was relatively unchanged today and remains solidly bullish.

I don't mention precious metals often, but I follow them closely and they are on tear; especially silver. I am convinced that that train is just getting started too.

I remain bullish.
 
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