Volume has been very muted and although we've seen low volume melt ups before this one is a bit more precarious as we sit at all time highs in many of the indices.
The prospect of a new tax plan announced by Trump last week was the catalyst for new momentum in an otherwise dull market and most "smart money" was betting on the short side early in the week.
Trader's Outlook is also neutral (mostly) going forward next week but we're most likely to see continued advances in the industrials and big caps with huge offshore tax haven accounts.
