Sunday, August 13, 2017

Below is a long term view (monthly bar) of the SPX and RUT. You can see at a high level the pullback and uptrend percentages over the decade.

*** I've also marked the 10% and 50% pullback levels from most recent highs. This is a good gauge to see where and if when a pullback occurs (e.g., recession or financial crisis)


SPX
In past year there have been two pullbacks at 12% and 14%. This has been a very strong bull market.


RUT
Russel are good buy around 10% pullback to begin nibbling.

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