Equity Market Update

7 Sep 2021

While most will rarely get a top call or a bottom call on any asset, the fact of the matter is that the S&P has hit its Full 4.236 Fib extension. Perhaps it will melt up and break it, but this is the area on the chart to use EXTREME Caution. I am personally in cash for my own retirement accounts as I see more risk to the down side as opposed to the up side. Time will tell.