Nearing a bullish reversal, but for now, this stock market is still crashing

And should be treated as such!

Yes, the SharePlanner Reversal Indicator, over the years, has been amazing at timing bullish reversals in the market, and it is nearing one here. No, it isn’t there yet, but next week is certainly a possibility. 

There is no way I’m leaving my comfortable and cozy 100% cash position ahead of the weekend, where there are three nights of international chaos along with the potential for an outbreak here in the US. We make it past this weekend, and the market shows a possible willingness to bounce, then maybe I’ll get interested.  

But for now, this market could go right back to all-time highs before the close for all I care, and I won’t buy anything ahead of the market closing. 

Also, people laughed at the notion of using a stop-losses in the past, saying that you should believe in what you trade. Well, how is that theory working for you now? 

Here’s the SharePlanner Reversal Indicator: