B3-DA-7 ~ 2019/2/7
S&P500 and the other indexes that I follow are in alignment and are at the weekly resistance, and instead of shorting I have moved to cash by taking the weekly targets in the IRA stocks.
Here are results at the end of the 13th trading day. B3-fund vs one share of the SPY ETF:And here are the current portfolio positions. L = 1x long allocation, L2 = 2x.
More updates to come, as I sit and wait. Volume is low at what looks to be the markets’ channel top. For example, here is the SPX, looking bullish but deviated and I expect a small pullback. This is where I will put the sitting cash to work, the monthly or weekly mean.
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