- BPNYA is above 70 mark which means its time to be alert
- Historically, market could not manage to climb more than 3-4% once BPNYA crossed EMA(30) from above while remaining above 70 mark which is yet to happen
- We shall see increased volatility in coming weeks which in turn means wide market swings
- 401K: Stay invested and wait for the SELL signal, be alert
- Stocks/ETFs: Be cautious and take partial profits, make sure you have STOP LIMIT in place
Time to be alert...