Is it time to Jump in ????

I have been asked by a few people since Sunday night and I will stick to my plan because this is a very scary market. I personally remember the last two summers very well, so I will let the charts talk to me and stay away from the noise. Remember from this weekends post, we have rules.

1. CBL – Count back line. Just click it to get definition. Price must close above CBL

2. The red dotted down trend has to be broken.

3. Price closes above 50 day moving average.

So below there is a chart for each index, S&P 500, Small Cap, and International and on each is a re-entry closing price. Just remember, all 3 rules have to be complete before I jump in to any fund.