Bullish Pause or Reversal?

The week’s video looks at DeMark exhaustion counts and indicators for the S&P 500 Index, Spain (EWP), and Italy (EWI). Traditional daily and weekly charts are reviewed for the S&P 500, Dow, and NASDAQ. As of the close on Friday, January 11, the weight of the evidence continues to support the bullish case, but as covered in the video, a few cracks are beginning to form in the bull’s armor. DeMark charts and indicators are proprietary tools from Market Studies, LLC.