Been out of town, still lurking lol, but I am leaving the door open for a possible move today. Talking out loud will follow shortly. I'm not going to rehash what our folks do in the premiums, you will have to read those yourself and if your not a member you should become one! Always good stuff in those premium contents. Always love what they bring to us each and every day!
But I will say I'm leaning to a move of some into G. I'm no expert on charting, posting those and explaining things like some of our more experienced folks here. They do a really good job and suggest you newer folks check out their threads.
My decision may not come until the last minute but will post what I do today, even if I do not do anything. We have that noon deadline so lot's can happen in the afternoons and it usually does. These markets do what they want regardless but we still need to make as much of an educated guess as to what we believe the markets may do and our goal is to preserve as much of our gains as possible. Even though I have plenty of time before retirement I do not want to always be all in. With the fact I've made a little bit here again this month I'm leaning to moving back to G with a move here before the end of the month. I'm not as optimistic as some or even as much as I'd like to be so it's a fine line to walk here.
Between RSI's, MACD's, BB's, 18 day, compressions, convergences, buy signals, sell signals, momentum, sentiment, and you can go on and on, all of it can get confusing. Some of the videos that are posted by users are really beneficial if you can piece them all together along with the premium services here. I have to admit all of this is why I'm doing a little better this year than last at this point in the year. I know we are halfway through but I feel better about my knowledge, maybe not always timing it right, but at least understanding my approach and what works for me. I put a lot of this together to come up my best educated guess as to when/where I should move my funds.
Still early but leaning to moving some into G. Lets see where we are about 11:30/11:40. My problem is I'm not wanting to miss out on an even bigger move up over the next day or two if this day ends up being exactly like yesterday. I do think we have another day or two to stretch this "rally" but after that who knows. July seasonality looks pretty good in the first part of the month so maybe holding is the best way to do this. Fed meets late in July this time so FOMC and other data may not come into play until that 3rd week, not sure. Still, we are in a bear market, downtrend, this is most likely just another rally within the bear market, I have seen some potential of maybe the lows are in, but you cannot ignore where we are in the grand scheme. Not sure we get more jumping in, FOMO, with the upside not being in the "all clear", still lots thinking we have not seen the lows. Then factor in all the economic news/data along with FOMC decisions and political fodder and you can get very mixed signals in my humble opinion.
So with all that said, decision for today to be continued....
