I’m still bullish in the int term given momentum, breadth, sentiment and seasonality. But I can see being more cautious down the road.
We could head back to the recent lows just as quickly as we seem to be heading back towards ATH currently. Just gotta follow the charts. I loathe news - but with PA moving this hard off the lows with inflation / Fed issues still magnifying and the war out east not really improving... Well - you can use your imagination as to what happens next if the war ends and the other data starts to improve in the back half of the year. Basically "Look out above..." ...