The S&P 500 and DWCPF both had great weeks last week, but the DWCPF far exceeded the gains of the S&P. Friday's action was another mixed bag with the S&P pulling back moderately and the DWCPF posting a modest gain.
We now enter a new week with bullish seasonality and bullish smart money.
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Nothing new to talk about with these charts. The S&P is trending higher, but at a slower pace than the DWCPF.
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Cumulative breadth remains bullish after a modest pullback on Friday.
TSP Talk sentiment came in very heavily bulled up. We are now more aligned with the NAAIM sentiment and have seasonality in our favor. I'm sure it makes some of you nervous just the same (if you're long).
I remain bullish.