The S&P 500 has really come alive the past month or so. The index gapped higher and closed for a significant gain near the high of the day. The DWCPF was not as impressive, but it did manage a moderate gain.
View attachment 47069
View attachment 47068
What can I say about these charts that I haven't already said. They are overbought, but also bullish with no overhead resistance.
View attachment 47070
Breadth ticked higher and remains bullish.
We get a fresh sentiment reading from NAAIM tomorrow.
I remain bullish.