Looking at the global equity markets, the long-term outlook does not seem that good. The Dow is trading in a range, meaning it will likely continue to head up to test the prior high, as mentioned in the previous post here:
The S&P 500 on the big picture looks ike it is forming a wedge kind of pattern, suggesting an underlying psychology of toppish behavior. This, coupled, with a long-term channel line, does not bode well for the next few weeks to come. We shall see.
Last 3 days for the Synapse Program Early Bird Promotion!
Reserve your seat early to save $500 and avoid the long waiting list.