Core Market Indicators Deteriorate
Here’s a quick update on my core market health indicators. The past month of price decline in the market has taken its toll on most of the core indicator categories. However, my market risk indicator isn’t reacting much at the moment. Earlier in the month, it had a small panic on the China tariff news, but it backed off in just a few days. It is now acting like we’re seeing a normal retracement of a strong rally without much fear of it escalating.
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Disclosure: Use your own judgement and personal risk preferences to allocate your own portfolios. And, of course, never trade a financial instrument that you don’t understand.