Composite going half long...

The JTS is finally covering its short position, although it is NOT going long yet. This is interesting that its not going long on a big down day in a healthy market. I'm not sure what to make of this except there may be more downside ahead. I mentioned SPX 1325 to 1330 should be strong gap support.

The CCI will maintain its long position. The fact that JTS is heading to the sidelines combined with CCI's long will put the JT Comp system half in the market today on the close.

Thanks!

Composite staying put...

There will be no signal changes today. Each system will hold their respective position, keeping the Composite parked in cash for at least one more day. See ya tomorrow!

Composite: Going to cash!

The JTS will hold the short position, while the CCI will flip back to long... With the 2 systems out of phase, this will put the JT Composite back to cash mode for the weekend...closing out all shorts and heading to the sidelines. Thanks and have a good weekend.

Vacation...

As our family vacation comes to a close, today is extra sweet as the stock market is finally behaving. :) We capped off the vaca with 18 holes in the TN mountains. Whether golf is a "good walk ruined" is debatable, but today was a definitely a good day on the links for me.

















Both systems are going long today. That is, barring an extraordinary rally here in the final hour. I will update confirmed signals prior to the close. Thanks.

Hold shorts.

The composite system will hold the 100% short position. JTS and CCI are both generating hold signals keeping them short. Thanks!

Short if...

If SPY closes over 137.01 the JTS goes short and the composite goes 100% short. Thx and happy 4th!

Hold signals.

The CCI is producing a 2nd short signal but the JTS will remain sidelined in cash. This will keep the composite system just 50% short. Thanks.