The U.S. stock indexes last week hit contract and record highs, as the long bull run in equities rolls on, with no solid chart clues that market tops are close at hand. The path of least resistance for the stock indexes will remain sideways to higher until a significant bearish chart clue occurs. What might those bearish clues be? A couple: two big down days in a row, a bearish weekly low close on a Friday, and the near-term price uptrend being negated, as seen on the daily charts. Stay tuned and keep monitoring my daily reports for any clues on near-term price trend changes in the markets.–Jim