Technicaly: * CM top/bottom indicator signaling that a top is forming; * A/D ratio decending as accumulation is nearing its peak; * Money flows turning lower as money are going out of stocks;
Fundamentally: * Labour market starts to hick up again as new Covid - 19 cases rise in the US; * Labour market cracks will weigh in on other economic indicators; * FED lower it's stimulus program in a steady pace;
Near - term correction is potential towards the lower trend line.