The post 1929 crash rally lasted 124 trading days. The post 9/11 rally lasted 121 trading days. Today is 106 trading days after the March 23, low.

 

"When you see better returns buying laggards, signs of a trading range environment."

The path of least resistance is still to the upside.

Enjoy the ride !

"A few things you need to achieve exceptional results"

1) Quantity: You take lots of shots.

2) Quality: You take thoughtful shots.

3) Consistency: You keep shooting for a long time.

4) Feedback. You take better shots over time.

5) Luck: You get a few favorable bounces.

In summary, the market seems to be running out of gas, but undeniably still going and holding above support. So the bulls remain in charge unless SP breaks down below support at 3200.

  

             On your long equity positions raise stops and enjoy the ride.