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Coolhand's Market Analysis

Mixed, But Still Bullish - Posted by Coolhand

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Quote Originally Posted by coolhand View Post
It was a negative day for the S&P 500 and a neutral day for the DWCPF. The action changed nothing.

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Market Talk-dwcpf-png

Price remains quite elevated on both charts. Momentum is still pointed up.

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Cumulative breadth fell a bit today, but remains bullish.

It may be uncomfortable holding stocks for some folks right now, given current events, but the indicators are what matters and they still point up. This remains a bull market until it isn't. If the smart money backs off, so will I, but they are pretty solidly bullish as of last Thursday.

I remain bullish.

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SPY (C Fund) (delayed)

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DWCPF (S Fund) (delayed)

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BND (F Fund) (delayed)

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