Sunday, April 14, 2024 11:05:09 AM
Good morning JD, Re: v-Wave current status..............
The bothersome shorter term 18 Month view isn't very encouraging.
Another Market Risk Indicator I follow shows three components rising in risk this week with two in their Caution range, one in Neutral and one in Proactive. Overall, it's in its 4th week out of the last 6 of being in its own Caution range with risk expanding this last week.
Even if I didn't turn on the TV News, I'd be feeling a bit cautious about starting any new positions at this point. There were better times in the Past and will again arrive in the Future for new AIM engines.
Best wishes,
OAG
The bothersome shorter term 18 Month view isn't very encouraging.
Another Market Risk Indicator I follow shows three components rising in risk this week with two in their Caution range, one in Neutral and one in Proactive. Overall, it's in its 4th week out of the last 6 of being in its own Caution range with risk expanding this last week.
Even if I didn't turn on the TV News, I'd be feeling a bit cautious about starting any new positions at this point. There were better times in the Past and will again arrive in the Future for new AIM engines.
Best wishes,
OAG
Buy from the Scared; Sell to the Greedy.....
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