A TOP: ST, and possibly IT

Heavy selling above ES 5800 today.

Helene Meisler (@hmeisler) posted at 6:52 AM on Thu, Sep 26, 2024:
AAII Bulls steady. Bears fewest since 8/21

Mostly nothing done though. https://t.co/tUxw4Z0SfH

Barron's (@barronsonline) posted at 8:51 AM on Thu, Sep 26, 2024:
The Stock Market Is Having a Melt-Up. There Wont Be a Meltdown Anytime Soon. https://t.co/7AKibwu456

Heavy selling above ES 5800 today.

Helene Meisler (@hmeisler) posted at 6:52 AM on Thu, Sep 26, 2024:
AAII Bulls steady. Bears fewest since 8/21

Mostly nothing done though. https://t.co/tUxw4Z0SfH

I'm sure the chief will flip those sentiment numbers bullish somehow lol!!!  The Barrons article though isn't a good sign lol!! 

short term top, maybe or maybe not. IT top, I don' t think. This market is going to top out around February or March, I think. The wall of worries is 

still far from being completed and until they have finished completing it, the bull is intact. 

Edited by andr99, Today, 01:51 PM.

maybe mid October for the start of a trading range waiting for the elections ? The reason why I don't believe in an IT correction here, is that we've just got out of one 

and it would be strange to start another.  

Edited by andr99, Today, 02:27 PM.

Short-term pullback is probable. I doubt the IT top is here. No reason to have a sizable decline yet.