Despite a 60 point advance since the March lows, the market is hitting its head on resistance, and for the first time during this bull market, the relationship between bullish and bearish stocks has remained negative despite mostly improved technicals. The fundamentally heavy Power Gauge ratings of the underlying stocks in the S&P. Though we trade what we see, not what we think, AA and I are cautious about what the summer months will bring. The Chaikin Analytics data is setting up for "Sell in May and Go Away" in our opinion.
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