Lets take a look at NYSE Index:
Remember, its very difficult to predict volatile market hence follow the system and stay alert!
What does it mean for our Long Term Funds!!!
401K/HSA/College Fund: You should be in money market fund until you get a BUY signal. If for some reason you still haven't moved your money to money market fund then we might want to hold further and sell into the rally (if we get one!!!). However, we have a huge risk especially if get another sharp decline before a significant rally. Be patient and wait for BUY signal.
Traditional IRA/Roth IRA: If you are already invested in list of BEAR ETFs then you are already enjoying the gains you made so far. Make sure you are ready to protect those gains if market decides to make a rally attempt. Just follow BUY/SELL signal as no trading restrictions are applied on these accounts. Choose ETFs based on the strategy provided here.