“Never Short a Dull Market”
And on the 17th consecutive day of the S&P closing above its 5 period moving average the index again closed higher…
There is a long standing phrase to “never short a dull market” and we are living through the why’s of this. Until something “exciting” occurs, the path of least resistance remains higher on a short-term basis. The opportunities remain on pullbacks, especially in US ETFs.