If you were a Neural Market Trends member, you would’ve received my email early Saturday morning with a warning that my Market Timing model issued a SELL on Friday. Yes a SELL. Once again the model is vindicated as we started the trading week with two days down, yesterday being extremely down!
So what can I say? It sure looks like we had a Bear Market rally and it looks like the trend the overall market trend is DOWN now. I’m glad I’m still 50% in cash and I won’t be interested in any buying until the model issues a BUY below S&P500 level 1310.
If you want to sign up as a member (Free for now) to get a weekly snapshot of my market timing BUY/SELL signals, you have to do it by midnight on Fridays to get the email over the weekend. I got a lot of emails last week from new members who signed up on Sunday, a day too late because I usually email members early Saturday morning.
