Market Direction Change Alert: A Seesaw Market

This market is truly a seesaw and all bets are off for alerts from week to week. The volatility swings from week to week are treacherous. One week the market is up and the next week the market is down. This is truly a noisy stock market in the current environment. 

Until we see some stability with this coronavirus pandemic the news of deaths will continue to dominate the news. Until the stimulus are given to people who are unemployed to survive and have a normal life we are in uncharted times. 

With all this said, we will continue to announce the change in market direction alerts as the model reveals. Typically, new alerts usually work for weeks before a new alert is signaled. 

Our proprietary model has turned BULLISH our recommendation is to go LONG the stock market at this time. The current closing numbers of the indices for this recommendation are:

Stock Market Closing Numbers
4/9/2020
Dow	23,719.37
Nasdaq	8,153.58
S&P 500	2,789.82