I also completed my transition to 100% G today. Heavy resistance at SPX 2670-2700. History says a retest is coming, potentially could see a lower low. Next week is a huge week with FOMC, trade negotiations, and continued earnings. Also, all the delayed economic data caused by Govt shutdown should begin trickling out again, which I don't think will be good. Nobody can time/predict the market - my move is based on probabilities and my very strong belief that there is far more downside than there is upside to this market. If I am right, then I will begin scaling back in as we approach December lows. If next week's news causes the SPX to break to the upside through resistance then I will reconsider. If it breaks through the 200MA and consolidates above the 200MA then I will definitely move back in. Good luck all!
On Jan 25, 2019, at 12:33 PM, ed rosado ed.rosado@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
May I ask what motivated your decision?
Posted by: Ryan & Brittany Breckner <breckners0410@gmail.com>
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