And They’re Off! Bulls Are Rushing In

Jun 24, 2022

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After every week of dithering round, the bulls have lastly grabbed the baton and are speeding down the observe. At this level, plainly the long-cited goal of 3900 (extra exactly, 3906) on the is on the horizon:

S&P 500 Futures 30-Minute Chart.

S&P 500 Futures 30-Minute Chart.

The is equally making a run for its former failure level:

NASDAQ 1-Hour Chart.

As for my very own portfolio, I’ve gone shrieking off in the wrong way:

  1. Trimmed positions from 39 to 28;
  2. Raised money from 0% to 33%;
  3. Removed my last September choice, which suggests nothing expires earlier than Oct. 21, 2022;
  4. Again to “wait and see” mode for brand spanking new alternatives, since I feel I’m going to step apart for this bounce.

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