I actually think there is a good chance of a weeks pullback. Dow made double top and that is usually a good place for a reaction to start. The pullback should present a good buying opportunity however imo. The January runup did break some important resistance obstacles on my chart and that is often followed by a pullback before continuation.
The AUD broke its double top so that signifies that there is more bullishness to come...once a pullback plays out.
Many stocks I follow look to need a pullback in the short term before resuming their intermediate term bear rallies. That fits into what I have stated above.
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I actually think there is a good chance of a weeks pullback. Dow...
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