Is it time to be prepared? Yes!
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Long-term support remains in place (See middle chart in this post) Do be prepared/have a game plan if short-trem overhead resistance is taken out!
Game Plan…Will follow breakout if it happens. From the long side right now, am owner of PFF and the high yield funds currently. Should a breakout happen, will reduced these holdings and follow the breakout in a more aggressive way. Am collecting a nice income stream by owning PFF/High yield funds until prices prove themselves.
