Today's pullback was not unusual. The market had advanced enough over the past few trading days to expect one.
View attachment 46761
View attachment 46760
It appears that price is testing support at the February peak (was resistance) on the S&P 500. The DWCPF had not established itself above the February peak for very long, so I would not call it support yet. I will say that the DWCPF held up better than the S&P today, so that's a bullish aspect for today's trading action.
View attachment 46759
Breadth dipped, but remains bullish.
NAAIM came in a bit more bullish this week. Aside from anticipated pullbacks here and there, I continue to expect price to bias to the upside.
I remain bullish.
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
div>
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!NAAIM Remains Bullish - Posted by Coolhand
- Thread starter coolhand
- Start date
Similar threads
