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Coolhand's Market Analysis

Upside Follow Through - Posted by Coolhand

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Quote Originally Posted by coolhand View Post
A headline I just saw late this afternoon said that the market just closed out the best quarter in decades. I would not have expected that if I wasn't told.

https://www.cnbc.com/2020/06/30/stoc...lose-news.html

The bulls kept it going today as price closed out with decent gains.

Market Pull Back-s-p-500-png
Market Pull Back-dwcpf-png

Price is now in the middle of the current short term range.

Market Pull Back-nyad-png

Breadth ticked higher and remains bullish.

So far, so good for the bulls, but they need to eventually push price past the previous peak. I still believe we get there eventually.

I remain bullish.

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