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Coolhand's Market Analysis

Mixed Day, But the S&P Makes it 5 in a Row - Posted by Coolhand

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Quote Originally Posted by coolhand View Post
We got a mixed day of action today as the S&P 500 made it 5 up days in a row, but the DWCPF closed modestly lower.

Life after TSP 3-s-p-500-png
Life after TSP 3-dwcpf-png

The charts remain decidedly bullish. RSI is getting close to overbought, but that's not a big concern with the smart money being bullish.

Life after TSP 3-nyad-png

Breadth dipped just a bit and remains bullish.

NAAIM was relatively unchanged today and remains solidly bullish.

I don't mention precious metals often, but I follow them closely and they are on tear; especially silver. I am convinced that that train is just getting started too.

I remain bullish.

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SPY (C Fund) (delayed)

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DWCPF (S Fund) (delayed)

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EFA (I Fund) (delayed)

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BND (F Fund) (delayed)

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