I will say we are overbought approaching major resistance so you can expect a pullback soon on the daily charts but the weekly charts still look very bullish. We have 10 year breakout too 0.76 massively stock market positive, oil moving up, and the hedge funds are likely to start buying back in here. We will see what happens at this fibonacci resistance. I don't know what more bad news the bears need to take this market down we have worst economy in American history, and many companies aren't even giving earnings forecast anymore. In case that wasn't enough we have the worst rioting and looting since Vietnam. Yet stocks continue higher, we have low volume so it looks like stocks will continue higher.
