Based on actual trading on all major stock indexes, we are right now in the middle of something to happen.
Either positivism will continue and market will continue to add to the gains or it is now time for a correction.
I personally think, we are entering now a period of correction. Market is waiting for something and i cannot see the kind of positive needed to continue climbing higher.
I would be very healthy if market was to correct itself by 5 to 7% and i think this is where we are heading.
SO if you made great gains recently it could be a good idea to take some profit off the table and stay sideline until that correction happens.
Naturally only an opinion by the actual gains may not last for that long.
Be careful
Either positivism will continue and market will continue to add to the gains or it is now time for a correction.
I personally think, we are entering now a period of correction. Market is waiting for something and i cannot see the kind of positive needed to continue climbing higher.
I would be very healthy if market was to correct itself by 5 to 7% and i think this is where we are heading.
SO if you made great gains recently it could be a good idea to take some profit off the table and stay sideline until that correction happens.
Naturally only an opinion by the actual gains may not last for that long.
Be careful
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