Geo- political events may also impact markets although my experience is that the markets are relatively numb, or dumb depending on ones point of view, resulting in mostly a "ho-hum" and "on with the show" attitude.
Yet the trajectories in the charts still show the possibility of further highs in the indexes. So it may be a slow burn, which can be the most dangerous, remembering the frog in slowly rising hot water scenario.
Watching out for the tighter daily highs and lows maybe one of the best signals, and so would a profit taking indication but what I feel is that many have trouble departing or taking profits because they fear they're leaving the markets too early. It's what many call greed, but truly as one who's been there, it does become a dilemma. My best solution for it is to take some off the markets because profits are never real until spendable and in the bank.
So here is how I see the markets for the week ahead:
Happy Trading, Living and Dancing
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