Saturday, June 21, 2014

The Trend is Your Friend

The Market Trend Model resolved the prior week's pending weakness with no hesitation as the major indices moved higher for the week.  The S&P 500 closed at another all time high, the Nasdaq hit a new 14-year high, and the Russell 2000 is just 2 points away from an all time high. The uptrend remains intact.

The trend is your friend except at the end when it bends.