We are holding another week, as the chart has not crossed, a pullback should be positive, if in fact it is a pullback, we will keep an eye open next week, as this week did provide a large red down bar, however we follow the chart and not the news. Hopefully the Fed will figure things out soon and get the market back to functioning on its own. Note: we are not...
looks good, what goes up must come down, "when" is the million dollar question. I;m staying long until the chart tells me not to, if i listened to all the news I would have bailed long ago, but you have to admit, they sell a lot of news based off of fear and greed.....
I',m going against the grain and staying long, until my long term MA's tell me differently. Sell stops in place always allow a good nights sleep.
one would assume a pause would have to happen soon for the spy to continue, however as we can see from the past, it could act to fuel further price increase, or start to change the trend, as of today, ma's are still pointing in an upward direction, I'm staying long until I see the ma's move differently, with the gain from this year there is plenty to play with and...
Long term view, 10 day is not rolling over yet, but as in 1998, it doesn't have to, but I like the 1998 result after the pullback.
all three have moved this year, just taking a different path to get here, all outperformed spy.
using 2 different cloud settings gives an interesting chart. With DC under a no vote hard to tell what direction anything will go next week, lets hope positive.
SGG showing a little up move in the weekly chart, have we found the bottom? Still short of cloud and 10/50-W still neg. so no trend change "yet"