Bull Set To Nap

We’ve felt this Bull has been tired over the past few sessions, and have further confirmation Thursday with modest distribution settling into the close on the major indexes.

None of the evidence against the Bull is strong enough for us to shift our bias down from Buyer’s Edge. Pullbacks are healthy.

When the market retreats we gain a better understanding of where the strong and weak sectors are, with the weak selling hardest and the strong the least.

Stay tuned.