Overall S&P model still suggests BUY for all intervals. But as with last week (see last week’s posting), the upside/downside ratio is still not ripe for new money to enter the market in general.
The long term bond chart is still also BUY for all intervals but it is bouncing against the long term support line. So the “Inquiry Sign” has been lit. It is possible that your long-term bond position should be lightened up in the near future. Stay focused.
Mark
