Long Term Investors, I Would Lighten Up

Daily charts are way over bought the market was heading in the right direction early on then reversed when the talk of Greece getting more time and more money. I am looking for a pullback on the daily charts for a buy entry. If I was a long term investor I would be looking to lighten up on this rally even if we get the pullback then push higher. I see 3 gaps in the market below so to sit here like a deer in headlights is the wrong approach. Gold broke below 1200 I have been negative gold since my daily sell signal. Waiting for better patterns on gold where I would look to short gold. Oil is in a range I saw a huge over bought reading on some oil stocks CVX SLB OXY and they pulled in nicely. Oil right now is anyone’s guess oil needs to hold above the 46.70 number or else I get a daily sell signal. Recapping; Hoping that the market pulls back in the n set week for a set up on the daily charts. Have a great weekend!
Previous articleElena Cardone and Bethany Williams Exclusive Interview
Next articleHow Entrepreneurs Can Help Fix America by Maureen Kline
Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.