Coolhand's Market Analysis

Originally Posted by coolhand

The market had another somewhat volatile and choppy day to start the new trading week.




This time, the bulls came up short, but not by much. But really, some measure of a pullback is needed, though this is pretty shallow for a potential pullback. Perhaps the selling isn't done.



Breadth continues to track sideways, but remains bullish.

Futures are modestly lower this evening. We may see more of the same for Wednesday's action.

I remain bullish overall, but anticipate selling in the very short term.