Risk Off - Market Analysis for Jan 30th, 2018

FYI...Just so I am not misunderstood by supposed inaction.....I see risk off in this market until we see  resistance taken out. The portfolios on the site are in the 50% cash zone. I imagine myself running a real portfolio and they are in condition to buy. I may stop out of selective positions, but in the real world that is a portfolio hunting for bargains not running for cover. If you are not following them verbatim then you have a different risk profile and have to take action accordingly. 

Ryan Wilday hosts the Cryptocurrency Trading service on ElliottWaveTrader.net.