No reasons to be bearish?
The nature of the market advance has been extraordinary and relentless. From a long-term perspective, the monthly MACD model flashed a buy signal last August for the broadly-based Wilshire 5000 and there are no signs of technical deterioration. This is a bull market, but sentiment has become sufficiently frothy that a reset is overdue.
Source: http://humblestudentofthemarkets.blogspot.com/2021/02/no-reasons-to-be-bearish.html
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