MARKET GAUGE: 🔴RISK HIGH I am noticing a deterioration in the quality and the spread of the breakouts. I would conclude that the environmnet has actively changed to more difficult.
In such environment, I trade less, often pick only top quality setups and tighten stops. I have already a good exposure to the market and I would look to have tight management of these stocks.
This weeks announcement will be important on the short term sentiment of the market.