Mixed Week - Posted by

The market closed mixed on the week last week, with the S fund up moderately and the C fund down moderately. What is notable is that the bears did not take advantage of the somewhat flat trading environment.

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Friday saw the S&P and DWCPF close on a down note, but the charts remain bullish. Momentum has actually gone negative on the S&P, while flat on the DWCPF.

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Cumulative breadth dipped Friday, but no one can deny the bullish nature of this chart.

The TSP Talk sentiment came in bullish once more, but not overly so. NAAIM remained bulled up for 5 weeks straight.

I see nothing of significance in the readings to suggest the bull party is rolling over. I remain bullish.
 
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