Below chart shows BPNYA is well above 70 mark and appears to be climbing higher. Typically, market has tough time to move higher once BPNYA is above 70, however remember its a probability not guarantee. Most likely market should experience sideways action or pullback/correction but it all depends on how earnings season unfolds.
- 401K - If you are already invested then stay put, wait for SELL signal. If you not invested yet then have patience and wait for next opportunity.
- Stocks/ETFs - Take partial profits in your investments and do not forget to have STOP LIMIT in place.
Market continue to remain bullish...