US Stocks: Some More Upside Potential
After a strong rally US stock market stays in a range for some days. I've marked some similar cases for last 2 years on a SPY chart below. If it moves higher from here, there will be a dangerous situation with a potential of serious correction of whatever the market gained during this rally. If it steps back just for couple of days, then more upside may follow. I really hope for a second scenario.