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Market Timing

Tuesday, December 01 2020
As we all know, the US stock markets have made a terrific comeback from the 2020 "mini-crash" (from bottom in mid-March)
- however, the SPY and QQQ have been moving basically sideways for the last several weeks/months
- as of today, these Indices may have experienced a breakout to the upside in time for another "Christmas Rally"

In the graphs below, you can see these recent "Breakouts" for the SPY and the QQQ.
- MIPS is still saying that this IS indeed a breakout (but there is still a possibility that the market is becoming highly overbought)

All MIPS models are still Long...

Paul Distefano, PhD
Founder / Lead Developer
MIPS Timing Systems, LLC

SPY
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QQQ

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Posted by: Dr. G. Paul Distefano AT 07:37 pm   |  Permalink   |  Email
 

MIPS Timing Systems
P.O. Box 925214
Houston, TX  77292

An affordable and efficient stock market timing tool. Contact MIPS
281-251-MIPS (6477)
E-mail: support@mipstiming.com