S&P made a new all time high to end last week. I'm thinking it might just go ahead and run higher through this next week. If it doesn't then I will shift my bias until the market and I are on the same page, but for the moment I would be thinking blue skies above.
On the far right (price) it is sideways. But in order to get to where it is now it had to break a lot of bearish obstacles. New highs means that the toughest work is behind it, even if that is only for a short while.
On the far right (price) it is sideways. But in order to get to where it is now it had to break a lot of bearish obstacles. New highs means that the toughest work is behind it, even if that is only for a short while.