Walter Deemer describes the recent trajectory of the bull market that started in April 2025. He highlights that while the market unfolded normally during its first year, a significant change occurred last month with the appearance of a Whaley Price Thrust.
Earlier this year, Deemer highlighted the potential for breakaway momentum if the market registered 2,070 net advances in a single session, which would have replaced the gains recorded on March 30 according to his analysis. In a separate note, he cited a 75% upside day in the U.S. stock market at 11am, referencing the Lowry measure for market breadth earlier this year. These previous signals contributed to the outlook on market strength referenced in his latest update.
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