Why bulish
There are many reasons for the market to pull back but it's closing on new highs !Reasons to fall:
Trade wars
Presence of signs that normally precede a recession (FED-D campaign, inverted YC, falling LEI, etc....)
Brexit
I really don't care about what the market should do but i care about what it is doing. And it's near the all time high.
two things are very bullish ;
nº1
nº2 (From The Fat Pitch)
In the past 60 years, when SPX has gained more than 10% during 1Q, it has added to those gains into year-end 9 out of 10 times by a median of 8%. The one outlier was the infamous year of 1987. Still, maximum gains over the next 9 months were a minimum of 9%
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