Weekly review / Седмичен преглед

Nothing has changed... the indexes are crawling higher but I would not buy this move at this stage before a pullback. With such slow motion one red candle could wipe out the gains from the last 2-3 weeks. The indexes will levitate until a bad news trigger a sell off or we see a exhaustion with huge green candle and the move up suck in the last buyer making "new high".

Weekly review / Седмичен преглед

I think a pullback has begun. We have MACD and Histogram divergences on the daily chart and overbought Market Breadth Indicators.
Target is the range between 1295 and 1280.