Bloody likely. The grind upward in all major indices is going to continue for a while. For SPX, the only question is which price channel SPX is going to continue trade in, Orange or Blue? I hope SPX trades in the shallower and more sustainable blue channel.
I'm still looking for opportunities to put more cash to work, but sell offs in a powerful bull market are few and far in between.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
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