CosmicDust

SPY monthly - might be a good idea to get out

AMEX:SPY   SPDR S&P 500
MACD has been negative for the past 2 months, RSI has been below long term trend line for the past 2 months, and price has been below 10 month moving average for the past 2 months. Similar situation in 2000, 2008, and 2015 told us the chance things go bad is HIGH. 2015 case told us we can get back into the market once there is a meaningful breakout together with improved technical indicators. I've been out of market (mostly) since November. Admittedly out of fear, I did not wait until the 6/10 months cross sell signal nor did I wait for the RSI to go below 50, as I figured risk is too high.
" I've been out of market (mostly) since November. Admittedly out of fear, I did not wait until the 6/10 months cross sell signal nor did I wait for the RSI to go below 50, as I figured risk is too high." we are aligned on this
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