What To Do If The MMRI Breaks Above 250...
From Greg M
Lions and friends…
There is a very strong possibility that the MMRI breaks above 250, so what do we do?
In the video below, I outlined exactly what we should do…
But to summarize, we stay cool and see how the market reacts. No running for the hills, no panic, just take in the entire situation.
Today, even with bonds selling off and the MMRI rising to 246! Some miracle buyer was well, buying the market.
To hear my take on what to do if the MMRI breaks 250, watch the video below.
The US could continue to purchase it’s own debt just like Japan has done since the 1990’s
Greg, do you have any recommendations on how to stay sane watching and trading this market? Lol.
I have studied your intraday trading system and I can't seem to figure it out on my trading platform (E-Trade) or trading view. If I do I'll make sure I forward the info, but if you or anyone else have any advice or recommendations please do reach out!