MAMOx Rolling Over

The indicator has not turned bearish yet, and will not likely do so until next week. It appears that this very reliable trend indicator has reached the point of no return (in the eyes of its author), so if you were looking for an excuse to sell, here it is.  I suggested tightening up on your risk management as we moved higher several weeks ago. I feel now is a good time to use upticks to lighten up positions. We are still in a bull market until proven otherwise, but I expect these (sometimes dramatic) pullbacks along the way.  Don’t be liquidity.



See also: Darkness is Spreading (Dynamic Hedge)

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