Patience is the Name of the Game

The recent surge higher in stock markets feels powerful. Are the bulls back in control? For now they are, yet stock markets have just returned to the underside of the longer-term trend channels that had provided support for the bull market all the way back since 2009. A re-test of the upper trend line is a very common occurrence. What happens next is all important. If stock markets can power through overhead resistance and overbought conditions and go on to make new highs, then the bull market continues. If the rally ends here and reverses, markets could be in trouble. We just have to wait and see what happens. Patience is the name of the game.

 
 

At Secure Investments, I advise individual clients on their pension and non-pension fund investment portfolios. To learn more about my Active Asset Allocator and Gold Trader  investment strategies, please get in touch at brian@secureinvestments.ie or 086 821 5911. If you are reading this via LinkedIn, why not visit Secure Investments and subscribe to get exclusive content for free. No spam, ever. Just great stuff.

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