Coolhand's Market Analysis

Originally Posted by coolhand

After some negative/sideways action early on, price found a way to break to the upside in the afternoon session and close positive on the day.




There is no resistance above on the S&P chart, but price on the DWCPF has not yet cleared resistance. I suspect it will eventually follow the S&P 500 and that it may not be much longer before it does.



Breadth was a bit weak today, but does remain bullish overall.

I remain bullish.