As shown on the weekly indicator, we are getting into an area of weaker momentum where the stock market finds a nearby low. As a stubborn bull, I am long the market as long as it stay above the February 2018 lows. I am looking for a significant bounce near to all time highs and then I recommend to reduce risk by taken some profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.