New Highs?

In this video, we analyze the general upswing in the market accompanied by a decrease in the VIX. The market appears to be in a positive state, experiencing a reasonably widespread rally as we approach the previous year’s peak around the 4300 level. The VIX indicates a further upward movement, but considering our current position, we are already stretched. So, what lies ahead for us? Will the events of the upcoming week serve as the catalyst to determine our next direction?

For more information on how to sign up for Bruce’s “BIAS” trade alerts and live trading program, visit the link HERE.