This is a syndicated repost published with the permission of The Wall Street Examiner. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
With the Dow now trading above long term cycle moving averages, all of which are still in gear to the upside, the bulls continue to have momentum in their favor. Compared with recent long term cycles, this one lacks power, but it is not unlike the…