Buy signals fired on daily charts.

I make moves based on monthly charts because I’ve been burned in the past doing with dailies or weeklies. But, if you are looking for an early signal and or a reason to get back in the stock market, here ya go. Today the S&P 500 fired a buy signal by closing above the green CBL, that’s 1. It also closed right on the 50 day moving average, so that’s 2. So tomorrow by 11:30am, it price holds above $1987, you have yourself a early buy signal confirmed on the C-fund.

The International index closed above the green CBL, so it fired buy signal 1. Price did not make the 50 day moving average level, so we are still waiting for an official buy. This is a warning to be vigilante if your looking to get in.

Bonds and Small Cap, no change since this weekend.

It’s hard to tell if this is the bottom and the prices are going to rise the rest of the year or not. I do know that October through April, it is normally the best time to be fully invested.

I’ll have another report tomorrow.