This is occurring within this rising wedge now.
We only have 3 touches here, so we should see a new ATH first then a pullback and then another ATH closer towards the end of the year. Where it breaks from there is anybody’s guess but experience tells me never to bet against US indices.
We only have 3 touches here, so we should see a new ATH first then a pullback and then another ATH closer towards the end of the year. Where it breaks from there is anybody’s guess but experience tells me never to bet against US indices.