The chart above shows QQQ making many new 52 week highs this year, including a brand new high this week. That's bullish.
Next, the S&P 500 remains in an uptrend according to my quadruple moving average timing model:
Notice that by simply using a 20 and 50 day moving average crossover, you would have been kept in this bull market for the entire year.
The chart above is telling me that we are currently in a bull market, which means that the path of least resistance is up and my primary focus, therefore, should be on buying strong stocks.
