Market Stretched and Ripe for Near-Term Pullback, But Timing the Top Remains Challenging
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The market is very stretched right now and due for a pullback soon. There are clear warning signs like weakening breadth and over-bullishness.
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If support levels around 4980-4997 break, it will likely signal the start of a pullback toward the 4802-4862 range.
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A direct rally past 5155 without a pullback first could mark the final blow-off top before a major bear market.
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Have plans in place to protect your investments in case signals emerge that a long-term bear market is beginning. Manage risk.
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No one can perfectly predict markets. Focus on adaptable investment strategies rather than forecasts.