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Coolhand's Market Analysis

Pullback - Posted by Coolhand

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Quote Originally Posted by coolhand View Post
After 7 consecutive "up" days for the S&P, the market finally pulled back. It was due.

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A moderate pullback is obviously healthy for the market and does virtually nothing to hurt the technical indicators.

Breadth dipped a bit, but remains bullish.

Futures are up early this evening, so maybe the bulls bounce back tomorrow. In any event, I see no reason to pull in my horns, so I remain bullish.

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