Top Down Review 4.26.2020
Welcome to this week’s review.
The market continue in a falling wedge formation. This week we will see if Earning Season can propel the markets higher, while coordinated QE efforts around the world continue to try and prevent a major plunge
I am still in the retest camp but the longer we grind higher the more FOMO I get and the more positions I add. That said I remain with substantial cash and as we enter a rather uncertain period of time I have added some collars to protect some of my larger positions.
Lets see what the markets are showing us.
PS: I have a webinar this Wednesday after hour at 4:30 PM with John Person. Please register at: https://ua268.infusionsoft.com/app/form/persons-hgsi