The objective evidence shows that this is a very strong bull market, and the last recent low has had fantastic gains. On every timeframe the market is in an uptrend... any call to the other direction is just a guess. Of course, fading a trend is not a bad trade... but I see absolutely zero reason to expect some massive bear market to kick into effect. The bears are still trying to find their hides after this massive skinning.
05/17/2024 Market Outlook (Up 4 Weeks)
9 hours ago
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