I am not a technician but I follow a number of technical indicators. Today I reviewed several of them and although this market shows signs of being over-bought, it also is powerful. The advance has been strong and broad. Stocks in various sectors have gone up on heavy volume.
Fundamentally and technically the market looks good. If walks like a BULL, snorts like a BULL and smells like a BULL, it probably is a BULL!
BUY THE BULL!
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