$SPDR S&P 500(SPY.US) I am NOT Bearish LONG TERM.
NOT YET.....Weekly BULL Trend IN TACT for NOW.BUT...... BOND VIGILANTES NEED TO EAT ALSO.THIS IS MECHANICAL AND YOU CANT LEAVE THEM OUT ALL THE TIME.Look at MAY of 2025.AFTER OUR 4/7 RECOVERY - WE STALLED WHEN THE 10 YEAR RATE PEAKED - AND SLOWED DOWN EQUITIES.BUT THE UPTREND CONTINUED.So AS LONG AS OIL CHILLS ($107) OUT SOMEWHAT AND RATES EVENTUALLY COOL WE COULD PULL BACK SOME, BUT GRIND HIGHER ON GOOD EARNINGS INTO JUNE/JULY.BUYBACKS AND COOLING RATES HOPEFULLY COMING IN A WEEK OR TWO.
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