I just updated my macro indicator and learned that there isn't any indication that a bear market is upon us. Bear in mind however (pardon the pun), that even in bull markets, there's always a chance of a 10% pullback. As I mentioned in my prior post, I will take some off the table if the market breaks 2057 to the downside, but since the macro is still positive, I would be anxiously looking for buying opportunities. At this point, I'm about 65% in equities with the remainder in cash.
Follow signals from the Prophet4Traders system to identify turning points in the U.S. stock market
The purpose of this site is to share results of a trading system that I use for identifying both long-term and short-term trading opportunities. I take the time to do this because of my passion for investing and helping others succeed. The system helped me avoid the "Crash of 2007/2008" and every major correction since then. The cornerstone of my trading system are analyses of market liquidity to gauge longer-term market sentiment and equity and index options (put/call ratios) to identify short-term entry and exits.
This site is for information purposes only. Past performance of the trading system is not a guarantee of its future success. Please consider consulting a qualified investment adviser before making investment decisions.
