Another battle at the 50 dma today.
S&P 500.png
DWCPF.png
Price remains above the 50 dma on the S&P and below it on the DWCPF. The bulls managed to keep it positive at the close.
The OEX remains bearish once again, while the CBOE flipped bullish. NAAIM saw a decent increase in bulls and drop in bears. They aren't quite a bullish as they once were, but they do seem to be saying that risk is more in the bull's favor, which is where I have largely seen the market over the past few days.
I suspect that sooner or later price will pop higher. I remain bullish.
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