Coolhand's Market Analysis

Originally Posted by coolhand

The market had another good week, last week. Especially the S fund.




I don't know how long these indexes can keep powering higher, but they remain bullish. Friday's action saw both indexes hit fresh all-time highs. There is no resistance above on either chart either. Momentum is rising on both charts and both are also overbought.



Cumulative breadth remains bullish.

My indicators remain bullish and that includes the smart money, of course.

I remain bullish.