Call me crazy, but when I look at the nasdaq chart, (one of the market leaders) it does not look bearish at all. It seems to be STUCK inside a major upwards channel, and has not been broken for a while now. Maybe the big boys on wall street do not want to lose their bonuses, so they can take their mistress to the hamptons. LOL.
Anyway, you can see the nasdaq chart, or one of the leaders of the market is sifting through the sand with ease. Will we go higher, well your guess is as good as mine, but for now, slow and steady climbs on the market are the norm!
HAPPY TRADING!
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| Nasdaq chart |
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