Market keeps grinding higher | stockbee


Market keeps grinding higher

The market continues to act well.

Stocks continue to breakout and any dips on index are quickly bought.

Market has not given back much of its gains.

It keeps grinding higher.

All bull markets have pullbacks/consolidations and shakeouts.

That is part of the game.

And sometime short term risk increases on extended positions.

But this is still a comparatively young bull market.

So continue to look for good quality setups that are not extended.

In the short run protect profits on open positions.

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