4pm: Short signal is confirmed. I feel comfortable shorting here as long as we stay below the 50 day MA.
12:42: System is advising selling longs and going short.
10:30am: A poor attempt at a gap fill by the bears in the first hour. Probably means we'll close near the high of the day.
10am: Well, a great weekend is capped off! My limit sell order at TNA 78 was hit this morning (i like round numbers), so I am no longer long. That doesn't mean I think we're done going up, just that I'm happy to not be greedy. As for my system, I am getting a sell signal. I will update later in the day whether that flips to a short signal or back to a hold. If it does indeed flip back to a hold, I may order up another serving of TNA. :) We'll see. Happy trading all!
...the Trin today displays a very bearish divergence to the SPX 500 market
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