The Uptrend Is Intact, But Extended …

To elaborate on what I was saying last week, watch the following video.  We are extended above the 50 week average price on the S&P 500, so you may want to wait a few weeks or even months to deploy some more cash until we test and pass that test of the 50 week.

If you trade stocks shorter term, long is still the way to go for now.

 

Leave a Reply