Qqq: Everyone bullish. Is that bullish???

It’s been said the market climbs the wall of worry. Also been said it’s time to sell when everyone is bullish. There is truth to these ideas. Which means (like always) it’s a good time to be cautious and follow your discipline ( what ever that may be). QQQ now at the 1.382 level ( +/— a few points). If it just just keeps going up a while here I think that is very bullish. If over the next couple of weeks we get strong weekly bearish candle formation I would see it as ominous. I not predicting what will happen but this is likely an important juncture. Take care. See links for bigger picture if interested.

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Comment:

Interesting
www.zerohedge.com/ne...sessions-dump-stocks