Is The Market Pulling Back?

Or do we continue higher?

As expected this week, we’ve seen the massive upside moves in Technology stocks many of us technical folks were expecting after the break out last week.

New 13 month highs for the Q’s going into a long Memorial Weekend and debt ceiling shenanigans just over the horizon.

But how much longer can this rally go on for without some kind of breadth expansion?

That’s the question to ask just now because under the hood, the market is telling a very different story with the NYSE Composite (NYA) registering a -1.6% Loss for the week.

Is the market going to pull back or do we continue rallying higher?

I’ve covered a lot in this weeks YouTube Analysis and also picked out where the strength is (and has been) over the last week.

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