What does it mean for our Investments?
- 401K/IRA - If you are still invested in markets then time to exit partial position and be ready to exit market entirely as we get Late SELL signal when EMA(30) crosses over MA(50). Remaining in cash or money market fund is NOT at all a bad idea.
- Stocks/ETFs - Take partial gains on open positions and have strict STOP LIMIT in place. ONLY invest in very convincing patterns with tight STOP LIMIT.
Market appears to be falling into a correction but we are NOT there yet hence be cautious...