These nice long term log charts from GoldMoney.com help put the current bull market in perspective.
Some high level takeaways for me:
- This is a tough market to play around on the short side of – long only for me
- It’s important that your entries and exits keep you in the game for these nice moves up
I’m still waiting for a 20-day high to get back in – haven’t seen this yet, just some major seesaw action for the last month. Many people smarter than me advocate just buying now and accumulating at these ‘cheap’ prices – something to consider for sure.