Summary: Continue to maintain a LONG/HOLD position.
1/30/2014 – The roller coaster ride continues with the Dow Jones ending the day up +110 points or (+0.70%). With gap ups and downs galore.
It is definitely starting to feel like the volatility is coming back into the market. While VIX index is still sitting at relatively lows levels, the market is starting to exhibit signs…. of cyclical interference. That is to be expected when the market rotates or shifts from bull to bear. While most market participants continue to be in the bullish state of mind, the reality is shifting. Our stock market mathematical timing work clearly indicated that the market topped out on December 31st, 2013 and will now shift into the bear leg that will take us into the 2017 bottom. In the meantime, we continue to maintain our long/hold position while waiting for a market confirmation.
Would you be interested in looking at exact price target and timing windows over the next few days or weeks based on our mathematical work? Great, this information will soon be available to our premium subscribers. I will keep you posted.
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