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Jim Wyckoff

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The beat goes on: U.S. stock indexes in steady climb. A clue to expect in topping process

December 27, 2019 by Jim Wyckoff

The U.S. stock indexes continue their trek north, setting record highs on a weekly and even daily basis recently. The steady, low-volatility climb is bullish and suggests more of the same. There are no early technical clues that the indexes are close to topping out. One solid technical signal that the U.S. stock indexes are peaking out would be a significant increase in daily price volatility at higher levels. When you see that start to happen (bigger daily price moves) then the end will be near. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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