Listen guys, it isn't rocket science...
The S&P 500 has been on a monumental run.
It's been historic.
I've gotten significantly wealthier as a result of this rally.
I maximized my opportunity to benefit from it.
And it paid off.
But this 161.8% target completion means that it's probably time for the market to take a breather, consolidate a tad, retest some of its moving averages (literally, a mean reversion), and allow for the froth to get taken off the top.
There's a reason why I stopped buying stocks two weeks ago and instead switched to taking some chips off the table.
You have to pay yourself, irrespective of your timeframes!
Anyways...
A cool down here would be perfectly normal, healthy, and constructive bull market behavior!
Embrace nuance & good luck.

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