USMAI: Maintain a Buy and Hold strategy

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$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $.DJI(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$

The US Stock Market Average Index (USMAI) continues to exhibit strong upward momentum, maintaining its position in the Bullish Zone. This trend supports higher expected returns with reduced risks, making it a favorable environment for both long-term and short-term investors.

Long-Term Investment Strategy

Trend Zone Insights:
The Bullish Zone reflects a robust upward trend characterized by strong buying pressure and relatively mild corrections. This environment aligns with a Buy and Hold strategy, ideal for long-term gains.

Strategic Recommendations:

  • Position: Buy and Hold

    • Continue accumulating positions in line with the upward trend.

    • Monitor for potential trend shifts into a Bearish Zone, which would signal a need to reassess the strategy.

Performance Metrics:

  • Bullish Zone Entry Date: August 18, 2024

  • Duration in Bullish Zone: 15 weeks

  • Cumulative Gain: +9.3%

  • Buying Price: 5,629.7

  • Current Price: 6,153.5

  • Gain: +523.8

For Long-Term Investors:

  • Maintain a Buy and Hold strategy, leveraging the strong upward trend for higher returns.

  • Regularly assess the trend zone for signs of reversal to a Bearish Zone.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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