Prices for both the medium term and short term are extended

Even though we have a buy in the long term signal, and also a buy in medium term, prices for both the medium term and short term is extended. This is reflected in the numbers where 70% of the stock are above their 200 day moving average and 40% of the stocks are above their 50 day moving average. Once these numbers come down and the long term buy signal is still intact, that would be a time to add money to your portfolio.