This Week Should be Especially Interesting
Today the market is now slightly overbought. Friday morning I mentioned it was very good sign to see the market reverse higher intraday Thursday, and especially to see so many of the momentum stocks close higher. That movement was the tell that the buyers were stepping back in and it continued into Friday.
The Daily Battle Plan Subscribers locked into their gains in SPY on Friday’s close.
This week should be especially interesting. A rally will lend more credence that, even though volatility has changed, the bull market remains in place.