Good morning! So today is a key day. Watching to see what S fund does....maybe entry.
But also observing how much the market has risen since about August when the market reached pre-pandemic level. Then it took off like a rocket until mid-February. For S fund, it now looks like we are on a roller coaster...it dropped almost 10% in February, then rose but not as high, then dropped again to about same level (see the double bottoms of March on my last posted charts), then rose almost to high of February and now dropped about 5% as of yesterday. Also, Bollinger bands are tightening up...its about to do something big... but no idea.
I am watching for direction to enter, but will remain very watchful...because it could try to back off some. IF it does, it could drop to lows of March or lower.. really don't know. But It did drop below a major (blue) trend line, so now expect that trend line to act as resistance. Will see...
Wishing you all* the best for your market investments, and hope you have a beautiful day and a great Mother's Day weekend!


PS. I am going to hang and swim at the Sabinal River on Sunday...supposed to reach 91. Wooo...hoooo....and it rained a lot last week so the river is up!