Coolhand's Market Analysis
Mixed Week, But Bulls Still in Control - Posted by Coolhand
by , 12-27-2020 at 07:39 PM (411 Views)
Originally Posted by coolhand
The holiday shortened week last week was mixed with the S&P closing out the week with a modest loss, but the DWCPF ending the week with a gain of over 1%.
Still no changes overall to the charts. Both remain bullish, but as has been the case for some time now, the DWCPF continues to lead the S&P.
Cumulative breadth remains bullish.
NAAIM came in bullish again, but not as bullish as previous weeks. Still, the difference is not meaningful. TSP Talk came in bullish as well, but not as much as last week.
Futures are rising this evening. The indicators tell me to remain bullish. Seasonality still favors the bulls.
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