NYSE Composite: Weekly Review April 28, 2017
Technical and Sentiment:
- NYSE continue to make higher highs and higher lows
- Market pattern suggests another buyer's swing up is forthcoming.
- ABCs are yet to be fulfilled in their completion.
- Middle of a Bull Cycle
- All time Highs week of February 20, 2017
Conclusion:
There is a higher Probability that any pullback will be seen as a bargain and bought by institutional investors.
Plan: Rocketman will keep buying companies with strong fundamentals and holding them as long as feasible.
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