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Coolhand's Market Analysis

7 In a Row - Posted by Coolhand

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Quote Originally Posted by coolhand View Post
The S&P has now risen 7 trading days in a row.

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I've added a couple of months to the charts so we can keep an eye on the February peak. We can see that the market has actually closed in on that peak quickly in the past few trading sessions. So potential resistance looms; though I believe (at this time) that assuming price tests it, it will eventually push past that peak. We may only be days away or it could be somewhat longer.

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Breadth hit another high and remains bullish.

No change in my sentiment. I'm still bullish.

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