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Profit Alert: Take Some Off The Table! We're sending out a profit alert today based on the performance of our algorithm. On May 26, 2023, our algorithm signaled a 'Buy' alert and since then, we've seen an impressive surge of around 600 ES points. While this growth has been nothing short of spectacular, we believe it's time to be prudent and secure some of these gains. It's always wise to take some profits off the table when you have the chance.
We have a classic double top and W.D. Gann Cycle Pivot. We are also headed into Bearish Short Term Seasonality the next 2-3 months. Historically, these months have often seen slower growth and even some pullbacks in the stock market. While this doesn't guarantee a downturn, it's something to keep in mind as you plan your investment strategy.
