Coolhand's Market Analysis

Originally Posted by coolhand

Is this rally real yet? I said a few days ago that my gut said that the market has the potential to get silly to the upside. I'm not saying it's silly yet, but the market seems to be working on it.




Price on the DWCPF hit another all-time high. The S&P hit a fresh closing high. That index may be finally getting ready to break out to the upside.



Look at cumulative breadth. This chart is working on silly too.

And we aren't even it the most seasonally positive time of year yet, though we are approaching it. Can "seasonally positive" get more positive than what the DWCPF is already doing? What if it can?

I remain bullish.