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The Trend is your friends until it ends

(2025-09-04 04:51:44) 下一个

Yes, we know that Equal-weighted $SPX has not made progress in a month, DJIA, DJT, IWM are not at new highs joining the SPX and QQQ. Minor breadth erosion, as Cons. Staples stabilization has fueled a fractional amt of Defensive positioning will be worth watching

However, Subdued sentiment remains a friend of the Bulls. While seasonality cycles DO suggest some consolidation over the next 2 months, it hasnt happened yet, and stocks like $NVDA trading within triangle patterns while META, AAPL, TSLA have just broken out make it unlikely that Tech turns down just yet. I will be discussing the timeline for a pullback, but Im still optimistic for now, and as the saying goes, the trend is your friend until it ends

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