GS – Goldman Sachs (Last:135.41)

if-goldman-surpassesGoldman has come within 44 cents of a key peak at 142.00 recorded early last October on the way down. If that number were to be surpassed by even a penny, it would create a fresh bullish impulse leg on the weekly chart.  If that were to occur, because we regard the stock as a key bellwether for the market as a whole, we might then expect the bear rally begun in early March to continue for yet a few more weeks, if not longer.