BCC = 2 (Yay!)

As of market close today, August 5, 2022, the BCC has increased from zero to two. It has been at zero since May 25, 2022, whereupon it went from four to zero. Is it safe to get long now? I did a back test many months ago, and the results showed that it was best to stay on the sidelines unless the BCC was greater than three. So I am thinking it is still not safe to get long.

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Is it safe to get long now?

We’ll find out…eventually. : )