Spaf
Honorary Hall of Fame Member
imported post
A choppy market!
The market is being pulled in different directions, but trending downward in another yet bearish cycle. This cycle seems to be more volitile then the previous. In sentiment: oil prices are higher, closing Friday at $55.17, there is election uncertainity, and lackluster economic reports. Stats for the C, S, and I funds do not have longbuy signals within both the 20D MA and the P-SAR (I = ??). Indicators do not show a buy or break out trend. An example of uncertain/choppy conditions, using the S&P: Mon=Up, Tues=Dn, Wed=Up, Thur=Up, and Fri=Dn. The week started at 1114 and ended at 1096. See attached chart!
Current allocations holding at: 90% G, and 10% F.
Careful!
Spaf
A choppy market!
The market is being pulled in different directions, but trending downward in another yet bearish cycle. This cycle seems to be more volitile then the previous. In sentiment: oil prices are higher, closing Friday at $55.17, there is election uncertainity, and lackluster economic reports. Stats for the C, S, and I funds do not have longbuy signals within both the 20D MA and the P-SAR (I = ??). Indicators do not show a buy or break out trend. An example of uncertain/choppy conditions, using the S&P: Mon=Up, Tues=Dn, Wed=Up, Thur=Up, and Fri=Dn. The week started at 1114 and ended at 1096. See attached chart!
Current allocations holding at: 90% G, and 10% F.
Careful!
