Stocks continue to grind higher in the face of a growing chorus of skeptics.
Many of those same market bears have been sharing their concerns for months (and years) on social media and in the news.
From a macro view, we are still trending higher and remain at (or near) all-time highs.
All-time highs: Nasdaq, Russell 2000, and S&P 500. Near all-time highs: Dow Jones Industrials.
That said, there are other indicators that help us identify trend “exhaustion”… i.e. when a trend is nearing an end. These can be used across short, intermediate, and long-term timeframes.
Today, we’ll look at these indicators and see what they are telling investors now.
Weekly Stock Market Video – September 1
Click play, then you can use the button in the lower-right corner of the video image to view in full-screen mode. Hit Escape (esc) to exit the full-screen mode.
Twitter: @CiovaccoCapital
The author or his clients may hold positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
