Be Careful Of Chasing At All Time Highs
Markets are now back at all-time highs, but don't be surprised to see a bit of a stall today. Ultimately, markets will try to break out and move higher over the next few weeks. Technical levels are in the range that would support such action. Be careful chasing things here! Sentiment is starting to turn around, and a common mistake is the FOMO factor: The Fear of Missing Out. Pick your entry points prudently as markets correct following rallies. Volatility is beginning to decline, which is a bullish sign.
Markets are now back at all-time highs, but don't be surprised to see a bit of a stall today. Ultimately, markets will try to break out and move higher over the next few weeks. Technical levels are in the range that would support such action. Be careful chasing things here! Sentiment is starting to turn around, and a common mistake is the FOMO factor: The Fear of Missing Out. Pick your entry points prudently as markets correct following rallies. Volatility is beginning to decline, which is a bullish sign.
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