Waiting For A Dip In The Stock Market Is Risky..


Don’t be fooled by the short term overbought signals on the RSI indicator in the S&P500 (NYSE:SPY). The only dip we may get now would be a dip into a half cycle low which would probably only mean 20 to 30 handles at most. It’s too early to move down into a daily cycle low. All my indicators are telling me equity markets are going higher

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