Stock's Market Trajectory is at risk of a change of trend

According to Bank of America analysts, the August-to-October period is historically bearish, with the S&P 500 posting an average loss of -0.03%, the team said. Only by taking a quick look to the charts is easy to notice that the market is reaching its highest level in the history. Normally, the market need a rest and I think is about to start. Start taking defensive strategies through August.