TSP Distribution: S-fund 40%, C-fund 40%, I-fund 20%
Your turn this week. I can’t find anything to criticize except that we might be a little bit over bought. Take a look for yourself and if you can find anything that shows a sign of a pullback, send me message.
Now if you want to see what a downtrend looks like and when you should be bailing out of the market or markets, take a look at the Bonds. This is turning into a disaster. Just like it is hard to see a pullback on the uptrends in the other indexes, it is very hard to see any signs of a reversal in bonds. Everything is negative here. I did mark the re-entry 1st warning sign and that is the Green CBL. Yes there is a CBL for entry and CBL for exit. So bonds are in a very well established downtrend.
Conclusion: I hear it on TV. I hear it at work. I even read it in text. Everyone is calling for a top and everyone is calling for a reversal. I guess this is human nature but to be honest, I’m getting tired of it all. Price will reverse eventually, it always does. I promise you, I will get out when price movement and not a TV commentator tells me to get out. Smile! if your in, your making money.
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