Rally or Pullback ?? just choppy
We are still trending up as best I can tell. However, market is trading like its getting tired and needs to correct.I like to keep an eye on the nasdaq bullish percent. As long as we see this indicator above 50 the overall trading bias is upward.
The Wilshire 5000 is a whole market index containing far more than 6000 symbols. I also use the weekly chart of the wilshire to gage market direction.The weekly 5000 is moving up.
so my bias in trading remains long!!
The Wilshire 5000 is a whole market index containing far more than 6000 symbols. I also use the weekly chart of the wilshire to gage market direction.The weekly 5000 is moving up.
so my bias in trading remains long!!
