Just be Long when its Green

Week 49 - Index Update

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Remember 4 days ago when the market was down 5% and that meant we were going into recession…

I guess a few sleeps and some turkey works wonders.

We regained momentum and steered clear of a trend break.

Still think this is the best free chart on the finance interwebs.

Do we think it is 2018? If so we are in for a rough ride. If not then the SPX will be somewhere between -1% 6770 and +5% 7190 to close out the year.

But who knows, right?