S&P Hits Fresh High - Posted by Coolhand

The market gave us a mixed day today, with the S&P advancing modestly while the DWCPF pulled back modestly.

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The S&P 500 hit another fresh high on average volume. Momentum is rising modestly (just like price). The DWCPF is still overbought based on its relative strength indicator. I am not concerned with that given we are in a strong bull heading into bullish seasonality.

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Breadth continued to power high and remains quite bullish.

NAAIM reports tomorrow. I remain bullish.
 
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