Course And Heading 07/29/19

Here we are in the middle of Rip Tide Season and all eyes are on the Federal Reserve and their fed funds target decision this Wednesday. The current tide has been rising for 53 days and is 11% above the June 3rd Low Tide of 2729. The previous High Tide, ending on 05/01/19, rose for 54 days and the High Tide before that, ending on 02/25/19, rose for 53 days as well. Therefore:
  • No new long positions planned.
  • No new short positions planned.
  • Hold or sell existing positions.
Trading Tide Levels:
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

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