Morning Market Outlook 05152024

Good morning everyone, and welcome to Wednesday morning’s Market Outlook. The major North American indices are within striking distance of reaching new all-time highs today. Although the TSX has pulled back over the past three days, it remains above the upper channel line. Have you set your profit targets? Yesterday, we reached our next profit target on the NASDAQ 100 QQQs. Depending on the market's reaction to the CPI numbers this morning, we may be able to fill a few more orders today. We will remain short-term bullish on the market as long as the VIX does not close above 14.32. Enjoy today’s video. Stephen Whiteside TheUpTrend.com Wednesday, May 15, 2024 https://theuptrend.com/morning-market-outlook-05152024/