Bulls Are Firmly in Control

I almost forget to share this chart of the Nasdaq Advance/Decline Volume chart to show how the market internals are beginning to reflect bullish action. Now that it’s broke through the previous peak of 14011 in April, it looks like the February highs are within a stone’s throw away. This is a very good sign that this market has a lot more upside in store, although the market could be getting ahead of itself in the short term.