Reviewing Alternate and Country Sectors

The stock markets eked out a small gain yesterday. This morning the pre-markets are negative though. There is clearly some back and forth hesitation in the markets. It remains to be seen whether the bullish trending for most markets that I see per my models will remain bullish or the markets will turn again. For now, I am going with that the price tells me.

Alternate Sectors

Looking at the alternate sectors that I track:

We can see that everything is trending bullish now including the ARK instruments.

Countries

Now looking at the Countries that I track:

Again, all of them are now trending bullish. Although I do see that several of them have negative weekly and monthly returns. These are cautionary signals.

Conclusions

Everything has turned bullish, but the momentum seems to be weak. The markets can very easily turn back into bearish territory. However, I will watch for that to happen and not jump the gun.

The most important rule for my model to be successful is to be disciplined and follow the defined rules. I am not sure whether the markets go up or go down from here. But I know that if I follow my rules, I will be fine.

If the markets go up, I will gain based on positions that I hold now. If the markets go down, I will get out with minimum losses. My model keeps me in the markets when markets are going up and gets me out of the markets when the markets are going down. It really is as simple as that.