Buy confirmed. Notice the unusually, extremely tight stop on TNA. Technically I won't be using that because the system uses SPY to determine market health. It will only flip to unhealthy mode if SPY 133.64 is broken. If it is broken, it will signal a higher probability of a correction in the near future (finally). If we stay above, obviously all is well and this long position should be fine.
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If SPY closes 135.89 or higher, the system goes 50% long TNA. Not a strong buy signal, FWIW. If we dip to 135.88 or lower, the system will remain sidelined.
Take it easy.
Surprise, surprise, surprise... another close call
ReplyDelete:p
:-D
ReplyDeleteJ, it would be very interesting to see what your system does using the current 50% at a time model as opposed to going all in with every signal.
ReplyDeleteYou do a lot of work as it is, so if this involves more time than you can spare, please ignore this request.