You Have Been Warned

Today, you have been warned again by the market that the party is about to be over. If you decide to join the party at this time, don't plan on staying long, as this party can come to an end without further notice.

The DJI closed at another multi-year high today at 14,018.70 along with the SP500 and the Russell 2000. But the DJT failed to confirm the DJI new closing high. This is another sign from the market telling you to be defensive; reduce your position size and tighten your stops!

click on the chart to enlarge

DJI

DJT