Is it Buy, Sell or Hold Time as the Market Hits New Highs?

by Nigam Arora
Market Watch

As the market hits a new high, should you buy, sell or hold? To answer this question, let us together analyze some of the important factors.

The chart

The annotated chart of S&P 500 ETF SPY, +0.73% shows a breakout through the resistance to a new high.

In a simple world, here would be the key observations on the chart.

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