3:45pm: Looks like the short signal is gone, guys. A sell signal is on tap for today. The system moves to the sidelines on the close. Again, no short signal today.
As of 12:45pm, we are getting a short signal. If today's strength persists into the close, the short signal will be confirmed.
Wow, long to short... That doesn't bode well for tomorrow and my very long longs... :(
ReplyDeleteInteresting call. Have to study this one.
ReplyDeleteToo much risk for upside for the system to go short right now.
ReplyDeleteJ-Trader, where can I read more about your methodology?
ReplyDeleteNitin, I've posted bits and pieces in the past. When I have a chance later this week, I'll accumulate everything into a single post. Thanks for visiting.
ReplyDeleteJ-trader
ReplyDeleteHave been following your site for a couple of weeks now.
I am interested in seeing how well this performs. You do a good job so far documenting your comments and results.
Will be very interested in seeing your post later this week.
Thank you
"J-Trader said...
ReplyDeleteToo much risk for upside for the system to go short right now."
oops, too late for me... :(
Futures up this morning, looks like another bad decision by me...
J-Trader,
ReplyDeleteI am looking forward to your consolidated post. I have been visiting your blog for some weeks now and it has me intrigued.
Best.