“If it Looks, Walks and Talks Like a Bear…”
Conditions today mirror those of most environments that result is meaningful market declines, but they especially mirror those of Q1’25.- We are positioned defensively and will remain so until we either reach Quarterly timeframe supports (SPX 6050) or we see signs of definitive repair work being done above there.
- We are not ready to say the highs are in for this bull market, but until we see either of the two scenarios above playout, we will remain defensive.
