Market at inflection point

14 mag 2022For long term investors, RSI on the SPY monthly chart is at an inflection point. From historical perspective it can turn backup or dip below 50. At this point risk award profile is not favorable. Might be a good idea to sell into rallies until RSI moves decisively about 50, as shown the historical green vertical lines on the chart, and that is the time to get back into the market.