Tuesday, October 31, 2017

Futures Bullish

Tonight, we see bullish futures ignoring my expectation that markets will retreat. The 10-dMA of the % of stocks advancing on the NYSE picked up from 47.4% yesterday to 49.4% Tuesday. There weren’t too many other bullish trends in my numbers although there were neutral ones.  Mr. Market may choose to postpone a pullback again! We’ll see.