No Good Reason to be in the Stock Market Right Now! $SPY $QQQ
The Russell which is a broad base of the stock is showing extreme weakness.It is down approx 10%. It is hard to find an argument to be in the market right now and until this trendless pattern is resolved one way or the other the side lines are the best place to be. My models have me out of the Nasdaq since March 25th. A break below the lows set on April 15th would put more credence to the down side. The SP 500 is barely still on a buy.
The idea is to have a plan. Do not be a bear nor a bull. Just follow and be a trend follower.