Bullish, bullish, bullish. Resistance just above.

Carl pretty much says what many are probably thinking: bullish on several time frames, getting extended, cycle lows coming this fall.

http://blogs.decisio...20120727cs.html


And you might want to catch this guy at Carl's site: Wall Street Sentiment - Mark Young
7/26:
"We are still on a repeat FL/FS Buy, and we know that nested signals are a pretty reliable sign of a turn. Also note, while there are a lot of Bulls (fully and partially long), this crew is UNCANNILY good at being positioned properly at reasonably important turns. This data is very consistent with a low of some sort."

Edited by Rogerdodger, 28 July 2012 - 11:07 AM.