After the Trump election money moved back into stocks and breath jumped as shown by the Summation Index. On Nov 21 the oscillator on the summation index went over 1000 showing that a lot of stocks were participation in the rally. The Summation Index chart can be seen by clicking on the “Summation Index” tab at the top of the page.
Rallies seldom go straight up. Once the breadth becomes extremely positive, as is the case now, there tends to be pullback or consolidation. We are at that stage,
If this rally has further upside then the pullback/consolidation will be orderly and it will be aggressively bought.
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