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Last Week: Down

9/8/2023

 
​S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ ​

The market has been in a definite downtrend since the high of 7/27/2023. The definition of a downtrend is lower lows and lower highs. This downtrend is  most visible on the weekly chart below.

As was mentioned in previous weeks, we are in a “mountain road” market, and are still in an inverse positions in all of the STAY portfolios since 8/11/2023.  We will stay in that position until our short-term indicators show otherwise.

This position may be for a few days or a few weeks as we will be operating off of our short-term indicators to make changes as needed in a timely fashion.  We will keep you posted.
​Weekly Chart with Fibonacci Retracement Percentages (from the all-time high)
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​Monthly Chart with Fibonacci Retracement Percentages (from the all-time high)
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​​S.T.A.Y. Plus™ - Balanced Portfolio Performance
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​S.T.A.Y. Plus™ - Aggressive Portfolio Performance
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Disclaimer: past performance is not a guarantee of future performance. © Copyright - Advanced Financial Solutions, Inc.
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