If the market did not bounce at support over the last few weeks, I would suggest more negativity is likely to follow. However, the market reversed after a few hours and trended higher most of the day. The daily trend is now down based on how I follow the market.
There is certainly reason to be cautious! More jobs data comes out this week. I am not very trusting of the data. However, how the market reacts is what matters most. Especially the Capitalized NHNL.
I have not sold any positions yet, but have not added any either. Tomorrow morning will tell me what to do next.
