Market Going UPWe have been doing a cup and handle pattern for a long time...
The RSP shows you what the general market is doing unweighted and less distorted.
We have been experiencing much downfalls in the previous weeks in the BIG STOCKS,
but the rest of the market was not impacted...
This means...
Someone painted the market red... while buying the whole market...
Volume also seems to confirm more bullish bias than bearish bias.