Coolhand's Market Analysis

Originally Posted by coolhand

After spending the first hour or so in positive territory, the market took a quick nose dive into negative territory. The selling didn't last long at all and the buyers stepped in and slowly took the market back near or above the neutral line by the close.




You can see the long tails on the candlesticks. Price remains near the top on both charts.



Breadth dipped a bit today, but remains bullish.

Well, as odd and a bit concerning as the fast sell-off today was, the market came back. This is a strong bull. I remain bullish.