Lions…
The MMRI is in FREEFALL. The MMRI has NEVER reacted like this before. MASSIVE MASSIVE MASSIVE debt purchases are sending bond yields markedly lower.
The US Dollar Index is also falling rapidly.
To see the MMRI in real time click this link: https://traderschoice.net/about-traders-choice/
GM
So you had said to but the dip. Do we keep buying, because I'm getting killed over here. 🙋
MMRI crashing doesn't always mean stock market will instantly be propped up. As mentioned several times, it is a forward looking indicator. The market is taking profits because it is being told that the FED is coming in to buy it back up. These CEO's, Hedge Funds, Institutions are selling to bank those profits, and then when the market hits a floor (where they consider a floor), they will put all of that cash left on the side and buy.