Course And Heading 03/02/20

Last week was quite a week in the markets. The Record King High Tide crested at 3394 on February 19th rising a whopping 19% since the Low Tide observed on October 4th.

Some of the fleet set sail last week on the Low Tide confirmation around 3136 and took a beating as the powerful storm pulled the Tide all the way back to the October 4th level of 2856.

This week remains a guessing game as to which scenario unfolds. If Friday marked a Low Tide of 2856 then maybe we can sail up to around 3100. If not, we must be prepared to weather a storm that could do even further damage to our boats.
Fair winds and following seas! Never panic.

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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