Issey

30-9-21 Beware of the Bear Trap

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Every bear is focusing on the day chart while the week chart shows a healthy pullback after being extended for months. A real correction in the near future is certainly possible but this bull market isnt finished before it breaks the weekly 21 ema.

Im adding stocks based on relative strength right now. If the indexes hit new lows next week I will sell.

TLDR: Its not the right time to sell but its the right time to see relative strength

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