UPDATE ON SPY TRADE $SPY

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This post was just published on ZYX Short Sell Change Alert.

The market is very overbought and if history is a guide, the SPY trade should work out well.  However, history does not always repeat itself.  For this reason, even though only 20% of the full core position is being held and there is room to add to the position, it is best to be patient at this time.

What To Do Now?

Those in the position may consider continuing to hold but not add.

Those not in the position may wait for a signal in the Real Time Feed.

See also  WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW

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