Unique swing trading signals and stock market commentary.
Friday, August 3, 2012
CCI is definitely going short, no doubt about that. Still a small chance the JTS won't give a short signal. If SPY closes 138.94 or lower, JTS will only give a SELL signal (no short). If this unlikely scenario unfolds, the JT Comp will only go 50% short/50% cash. But if we close 138.95 or higher, JTS will go short as well, sending the Comp back into a 100% short position. Those are the only 2 options. Have a good weekend! It's my intention to post something interesting tomorrow or Sunday so heads up for that. Take it easy!