Coolhand's Market Analysis

Originally Posted by coolhand

Friday's big rally did not carry over to Monday as price fell back somewhat modestly.




Not much was proven by Monday's action so we'll have to see how the balance of the week unfolds.



Cumulative breadth had an up-tick and remains bullish.

I don't have much to say after Monday's action. It is still a guessing game what price is going to do in the short term. I remain guardedly bearish for now.