The stock market is entering a short-term higher risk level

We’re entering a point in the stock market trend that could be an inflection point. My market risk indicators are elevated, suggesting DEFENSE, but they’re imperfect. In bear markets, we’ll see lots of whipsaws and head fakes, and OVERBOUGHT and EXTENDED can continue. 

We published this observation on the Shell Capital website. To read it, see: The Stock Market is Entering an Elevated Risk Level