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Originally Posted by coolhand

The bulls took control of the action today as price on both the DWCPF and S&P gapped higher at the open and remained at elevated levels throughout the trading session.




The S&P easily posted a fresh all-time high, while the DWCPF saw price close above its 50 dma for the first time in the last 8 trading sessions. Momentum ticked higher on both charts. Is this the breakout we're looking for? It might be

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It was a mostly bullish day, but wild day yesterday on Wall Street yesterday, mostly because it was wrapping up an interesting first quarter for stocks in 2021. The Dow ended the day down 85-points, but the broader market indices fared better and most saw modest to sharp gains. The Nasdaq and small led on the upside despite yields rallying, and that may have had to do with the discounts we saw in them with the end of quarter rebalancing completed over the last week or so.

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