Follow through day signals the market is in an uptrend

Today the S&P500 rose above the 50 day moving average in significant volume.  That’s a good sign. The market continues to show the same personality trait- manic/depressant.  Exuberant for a few weeks, hitting new record highs and then a slight decompression.  The downers are never more than 6% [versus a true correction of 10-15%].  EachContinue reading “Follow through day signals the market is in an uptrend”