S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™
After about one month of sideways movement, just beneath the line in the sand of 4818, which was the previous high from the beginning of January 2022, this last week the market has penetrated through that level. So the question now is whether or not it can maintain above this level of 4818 to confirm the solid breakout to the upside. We are currently long or in the same direction of the market movement right now, but paying very close attention to see what the market's next move will be.
Weekly S&P 500 Chart (with all-time hi shown)
Monthly S&P 500 Chart (with all-time hi shown