S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™
(Basically, the same message as last week...)
Our indicators are still right on the line between a BUY & SELL, tilting slightly towards a BUY . Either signal would still be fragile, therefore we are waiting in CASH until one of the two signals becomes a bit more confirmed. Time will tell if this turns out to be an intermediate top in a continuing bear market or a breakout into a possible new BULL market.
Weekly Chart with Fibonacci Retracement Percentages (from the all-time high)
Monthly Chart with Fibonacci Retracement Percentages (from the all-time high)