Bull Run Continues for Stocks!!

After hitting our profit target at 4188, stocks are ranging just below this level at about 4173. The bull momentum is clear and the Kovach OBV is still very strong. Our next profit target is a bit closer at 4214. A breakout could easily take us there today. Watch for momentum to confirm this at open. If it does not muster the amount of momentum needed to for a breakout we will likely see more ranging or a retracement back to 4144.