Thursday, July 10, 2014

Market Dashboard - Not entry yet

Even though today was a significant move lower, I do not see this as an entry point.  There is still more downside needed before the RUM Wave indicators move into buying territory.  Today we again saw the SPY cut some losses, but the IWM (Russell 2000) was down by a little more than 1%.  The timeline for market entry looks to be targeting sometime next week.

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