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It looks as though the bulls will hang on for another strong session. A pullback is now becoming increasingly expected, and I can see why. The market has a knack for not being cooperative in situations like these, but I am still focused on looking at many individual charts to get a feel for the action above all else. I am not seeing too many fades, although I would like to see more upside follow-through this week.
In particular, the cement industry is looking increasingly better by the day, namely CRH CX EXP. It is a good sign to see notable 2011 laggards like Cemex start to come to life here, as broader participation is a positive for the bulls. I will probably delve into them more on my recap after the bell today. Stay tuned…
