Sell in May, 10 May 2023
🖼 Daily Technical Picture 📈
➤ Yawn!!! 🥱. That's all for today's description of price action. See you on SeePI Wednesday...
➤ Now I fully comprehend the adage "Sell in May and Go Away". Because nothing happens in May. May as well cash out and earn some juicy returns in a money market fund at 4 or 5% pa.
➤ Let's see if CPI numbers present some volatility (and oh that debt ceiling drumming is getting louder too)
➤ Conclusion: 🐆 Trading is 99% boredom
EQUITY TREND:
⦿ Short-term (weeks) - NEUTRAL
⦿ Medium-term (< 6 months) - UP
⦿ Long-term (>6 months) - DOWN
➤ Yawn!!! 🥱. That's all for today's description of price action. See you on SeePI Wednesday...
➤ Now I fully comprehend the adage "Sell in May and Go Away". Because nothing happens in May. May as well cash out and earn some juicy returns in a money market fund at 4 or 5% pa.
➤ Let's see if CPI numbers present some volatility (and oh that debt ceiling drumming is getting louder too)
➤ Conclusion: 🐆 Trading is 99% boredom
EQUITY TREND:
⦿ Short-term (weeks) - NEUTRAL
⦿ Medium-term (< 6 months) - UP
⦿ Long-term (>6 months) - DOWN
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
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