Are there risks in the US stock market?

From a technical perspective, the answer is becoming increasingly clear...
Looking globally, major stock indices are all at historically high levels, clearly in a high-range zone, and risks are gradually accumulating.
On the US side, the Nasdaq, S&P 500, and leading stock Nvidia, from a monthly chart perspective, show a noticeably tight structure, with less room for continued upward movement, while the potential for a pullback is increasing.
Many people are concerned: Will there be new highs? When will it decline?
Short-term predictions are difficult to answer precisely, but if we extend the time frame, the logic becomes simple—each time the index is pushed higher, it essentially accumulates energy for future bearish forces.
Once again, caution is advised for the next quarter~
#IXIC #SPX