Advanced Financial Solutions
  • Home
  • About
  • Our Process
  • Get In touch

Market Attempting Breakout...

6/12/2023

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

Last week the market ended with very little change, however on Friday intra-day it made a high of 4322. This was just slightly above the 61% Fibonacci level of 4305.  So, it is possible that the market has finished with this intermediate top and is ready to continue the bear market.  However, if the market were to persist with this type of action and materially achieve and maintain a level above 4300 it is possible that could push our indicators into a BUY mode. 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)
Picture
Monthly Chart with Fibonacci Retracement Percentages (from the all-time high
Picture
​​S.T.A.Y. Plus™ - Balanced Portfolio Performance
Picture
​​S.T.A.Y. Plus™ - Aggressive Portfolio Performance​
Picture

Comments are closed.

208.376.0091

Disclaimer: past performance is not a guarantee of future performance. © Copyright - Advanced Financial Solutions, Inc.
About      Our Process     Get in Touch
  • Home
  • About
  • Our Process
  • Get In touch