Back from the market with the lettuce, cat food and a coconut layer cake. Market breadth continues with its bullish ways. The Bloomberg commenters are flummoxed. New highs are increasing and new lows are decreasing to just over 20. The 5 and 20 day percent figures remain well above 50 percent. Very little heavy profit taking which means they’re buying small dips. Now to the 50 day sma, now up to 72 percents The 200 day has inched up to 33 percents More important, for the first time in who knows how long the 100 day sma has bumped up past 50 percents to 52 percents
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