Another Pop
by
, 02-01-2012 at 08:06 PM (1796 Views)
I had mentioned yesterday that I expected this market to pop higher after the sideways, mixed action we had been seeing and sure enough it popped. The move was strong and sustained too.
Since I'm getting to the computer late tonight, I'm not going to post the charts, but every one of them is on a buy after today's action, which is hardly a surprise. And I have no reason to believe we can't go higher unless sentiment gets too bullish, and I don't think that's a problem yet either.
So the Seven Sentinels remain firmly in buy mode. I expect to post my usual blog with charts tomorrow. See you then.