again I've talked about that many times and have comments listed there that monthly charts are too slow to respond to moves like this, even most weekly charts. I stated that I prefer the daily DVT swing stuff, which we wave a web page for, see it in the pull down menu under systems.

I'm gonna be removing all that monthly stuff, in the past when bear markets rolled over vs 40% declines in a month they were fine.  

Now one thing I am doing to do is keep a weekly system but add the DVT stops to it, here's an example. So for those who want to look at something weekly that's a good option, but those will have hard stops just like the daily DVT SPX.  

regarding the old monthly crap - that indicator is obviously red, it will exit on the coming bear market rally. 

but again for me and I think most of you: I don't want want to sit through 10% or 20% corrections even normally. the DVT stops will at most stop one at 3% on average from the highs, maybe 5% maximum.  Even under normal conditions the last 95 years, the monthly charts still kept you in on 10% and sometimes 20% corrections (think of 2011 when the market fell 20%, it stayed long, that's painful even though obviously long term it worked out.

I think all of us and the general public now are going to be risk averse and I think the Edwards D Jones type brokers that just buy and hold and keep their clients invested in entire bear markets with no exit plans will be going the way of the Dodo bird.  The nice thing about the DVT, will keep one in all major uptrends, and avoid all corrections. The worst that can happen is that it gets you out of a pullback and you end up buying back in at slightly higher prices

again here's the link to the daily and 120 min DVT.  I'll be adding a weekly in there as well. Here's the weekly 401K with the DVT as an example of what we'll be using in the future for that stuff. The last chart shows the daily which I've been suggesting to most people over that old weekly and monthly stuff

https://breakpointtrades.com/current_dvts/

again I know this is a very tough time, I try to look at some positive in everything. the positive I think is that this DVT technology is the holy grail for offering protection for these daily and even weekly systems. And monthly systems I don't think have any place in this type of much faster moving market than in the past. The DVT exit on the weekly this time would have been an amazing 3215, wow. can't go back to the past in the Delorean but can use it going forward