A big week ahead as we see just what the bears have with regards to stopping the bulls from taking out Nas 2015 and Sp 1036. There isn't nearly the type of economic reports to come as we had today. We also no longer have the major earnings reports to worry about. Most of those are past us. the market can play on its own without too much outside influence. With most of the recent news being positive, the onus is on the bears to stop the bulls cold in their tracks. A pullback from overbought can happen at any time but don't forget that we're clearly still in a buy signal. Very interesting times are upon us in terms of the longer term picture for this stock market.
Jack Steiman
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