Well, we should not fight the trend until it is broken.
The uptrend is still intact. Market correction will be used by bargain hunters to push the market up again. Correction is little wave currently. We should go with the big wave which is up. Try to guess the market top or bottom is very hard work and can cost you much. Instead we should use the first weakness signal in uptrend market for taking our profit and wait another chance to enter long position.
Enter long position with call option but don't use more than 5% of your total capital for one position. Keep at least 50% cash in your portfolio, don't use all the bullets. Diverse your risk by not putting all your eggs in one basket, you will be able to sleep better in the night.
Bull climbs up wall of worry, we can see it is true by seeing the us market chart for the past 6 months.
Best regards
Snip
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