Quote of The Day "My biggest regret could be summed up in one word, and that's procrastination."
-- Ron Cooper
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| Global equity indices finished September higher on balance even though this last week finished in the red for the most part. While bulls are inclined to be nervous about any pullback, we know that digesting gains is healthy for stocks. Don't start looking to exit and/or get short unless price gives you a clear indication that it wants to make a significant drop. What is the first thing to look for? The first indication will be a a convincing drop through support on multiple equity indices. |
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TNX [10 Year Bond Yield] Weekly |
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Crude Oil (CL-Futures) Monthly |
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Gold [GC-Gold Futures] Monthly |
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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P.S. If you're not already a member, join my free FB community...
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