Above we have the S&P 500, Small Cap, and International Index. Do you like boring? I love boring when things are going up and I have nothing to do but ride the wave. Currently this is the condition of all three indexes above. All the old CBL’s are back in effect and working. Price is above the 50 ay moving average and uptrend lines. So all is good at the moment. The only thing that I can really say here is that we are slightly over bought and we need to take out the all time closing high’s to keep this trend rolling. Did I say I love boring?
I can up on the bottom fishing channels on bonds. What I have shown above is all the rules that have to be broken in order to to get a buy signal. The horizontal green line is the CBL. Price has to close above that point in order to get in. Plus, price must close above the 50 day moving average. Plus, price must close above the red downtrend line. Still not here to like, so why bother investing in bonds. Why risk the money here when the G fund is perfectly safe and makes at least a little money. The C,S, and I are much better places to bet your money if you want to make a good return.
Lastly, it was nice to see all the indexes back in the green for the second week in a row. I do not know about your account, but my account is back to making new high’s almost daily. I hope you’re in for the ride.
Have a great weekend.
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