MomentumOptionsTrading.com Morning Update for 4/23/14
Bulls Looking Strong as Bearish Camp Grows
The bulls have to feel like Rodney Dangerfield, they just can’t get no respect. Despite a push past resistance and a run at all-time highs, the talk of a pullback or correction continues.
While the talking heads weren’t happy about the close, we were as the bulls cleared resistance. Of course, there are still technical issues ahead but its crystal clear the bulls have momentum and are looking to end April with a bang.