Algokid

UPDATE : Bears Are Getting Louder.....SELL

INDEX:S1TH   S&P 100 Stocks Above 200-Day Average
Last week the S1TH was still above 65 % line last week, however due to high volatility , and negative reading from two supportive indicators, i advised that this market wasn't "tradeable" ( not a word) or new position shouldn't be opened.

fast forward to yesterday, the S1TH is well below 65 % ( 51.48),volatility so far for the month is 22.5 %. at this point , if you are conservative investor and not a fan of roller coasters, you should be out of this market until further notice.

Cheers

Algo

Penafian

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