As long as VXF remains above the 10 and 20 DMA you just have to let it run Brother. The trades are free at Vanguard so I can buy and sell when I want to as we continue moving up. Those trend lines are the reason one can say the trend is your friend and in this case it is very true. It's a very nice looking move up off of the lows.... It remains in a Bullish trend, but we are getting late in the cycle and the Risk/Reward is much higher now. Still, one should have remained long and reduced their position size some as we moved up. That works for those of us that BTFD, but many rode the entire move down. The weekly move still has a long way to go, but I think we will start moving sideways more in the months ahead. However, it doesn't matter as long as the 10 and 20 DMA remain in a Bullish alignment, and they are for now.I use the KISS system and I have NO IDEA or care to make guesses on the next move. What I do know is the Risk/Reward is getting higher, that the trend remains up, so I'm placing smaller bets. The odds say down, but the market does not care as it keeps moving higher from the BTFDers and the FOMO dumb money. ( Some huge buy programs remain in play) It doesn't matter who is buying, but these dips are being bought.
Good Trading.
Data on my chart....
https://stockcharts....35c&a=648136050
Edited by robo, 24 February 2019 - 09:01 AM.