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Originally Posted by coolhand

It was a relatively quiet day today with price staying in a somewhat limited range.




Price closed modestly lower on the S&P today and moderately higher on the DWCPF. Volume was lower than average, but not by a lot. Momentum continues to rise on both charts, but especially so on the S&P. So, the S&P remains decided bullish. I did not mention it yesterday, but don't forget the lower high on the DWCPF from

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Stocks rallied on Monday pricing in Friday's big jobs report. Sometimes a head fake when a rally is based off an emotional report like that, the indices held firm for most of the day, closing near their highs. With that behind us, will investors continue to pile in or will we start to see some profit taking with the indices getting stretched again? The Dow gained 374-points. Bonds were down, and small caps were up but lagged the larger indices.

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