Patience & Discipline
Current position for Active portion of portfolio: SELL – S.T.A.Y. Plus™
We are now entering the 7th week of protracted sideways movement in the market (no notable gains or losses). Times like these require patience and discipline. It's hard to say when the market will exit the doldrums, however, our technical analysis continues to show that the market has far more downside potential than upside. Sometimes the market can shift quite suddenly and because of this, we will remain invested inverse to the market with the bulk of our investments.
Weekly Chart with Fibonacci Retracement Percentages (from the all-time high)
Monthly Chart with Fibonacci Retracement Percentages (from the all-time high)
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