Breadth gages like NH20 and Buying Pressure seem stretched and could roll over soon.
Monday, July 27, 2009
How long can the bull run......
The market is developing in a nice and powerful Tom De Mark Sequence, which historically runs for 13-14 trading days with a Standard Deviation around 4. Therefore we should see a correction in the next couple of days unless it stretches into the enxt week (which is possible given the power of the move)
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