After putting some gains together earlier in the week, the market pulled back a bit today, which does nothing to hurt the uptrend.
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View attachment 46036
Both charts still look good as price continues to whittle away at yearly losses. The 200 dma is really not far off and is almost certain to get tested.
View attachment 46037
Breadth remains bullish.
The big news of the day is that NAAIM got bullish. Maybe not over-the-top bullish, but there was a large increase in bullish positions. That's a green light for the bulls in my book.
I am now bullish.
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