The new trading week started off positive, reversing the weakness we saw at the end of last week.
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Both charts remain in good shape overall. Momentum has stalled, but price remains not far from the top on both charts.
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Cumulative breadth ticked higher and that keeps the chart in a bullish configuration.
So far, there is no hint of any serious issues with the market (aside from being at all-time highs). The smart money was bulled up again last week, so I'm not anticipating any surprises, but headline news can change that if the powers that be wish to shake things up. Let's see how the rest of the week goes.
I remain bullish.
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Or you can now use TapaTalk again!Price Remains Not Far From the Top - Posted by Coolhand
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