E Market Breadth Paints A Bullish Picture

The fuel for that thrust is market breadth.

Deemer says the market today is very close to a BAM signal (as of publication midday Jan. 8) but cautions that there have been near-misses before. He’s waiting for the full signal.

I’m a bit more encouraged but then again, I’ve only been at this chart stuff for 31 years. Walter has 23 years more than that.

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Disclosure: No positions in anything covered.

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