pullback / correction yes market may be due for that soon, but
with the bullish configuration on the daily MA's, even the short
term ones, the the market won't be prone to a major crash, dips
should be bought. When the MA's flatten out, that's when you
get larger corrections, we don't have that now. See Summer
2015, the daily MA's had flattened out. Same with in Dec last year,
MA's had flattened out.
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pullback / correction yes market
SPX 5 of 5?
Posted by matt on 9th of Aug 2016 at 03:09 pm
pullback / correction yes market may be due for that soon, but with the bullish configuration on the daily MA's, even the short term ones, the the market won't be prone to a major crash, dips should be bought. When the MA's flatten out, that's when you get larger corrections, we don't have that now. See Summer 2015, the daily MA's had flattened out. Same with in Dec last year, MA's had flattened out.