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Current position for Active portion of portfolio: SELL – S.T.A.Y. Plus™ High probability that the Intermediate top is in…… On Friday, June 16th the market had an intra-day high of 4448. This high was above the 61% Fibonacci retracement level of 4305. Since then, the market has been moving downward. Last week the market ended down about 1 ½ %. 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 upward bullish action and materially achieve and maintain a level above 4300 it is possible that it could even 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. Although one of our three monthly indicators turned positive, the other two are still negative. 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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