Hi Gang,
so we've been riding this move having bought the $6,230 (top left), $6,350 (bottom-right) and $6,600+ as calculated by our systems.
But what happens next?
Of course, the best thing to do is to just stay in the move until the systems get out and say it's over...
But if I were a betting man (and I am), I'd start taking some profits in the $8,000 - $8,200 area.
This doesn't mean that the move is over - in fact, i think we are just getting started with a massive bull run. So long term investors will finally start being rewarded again!
It just means that, if you have leveraged positions on, you can book some profits and look to reload at lower levels.
May the 100 year bull run never end :)
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