the call is to stay long if we close below 523.18 on the rut.
will go to 1.25x and trade rut.
The signal ended indicating to be short for tomorrow. as it closed near the pivot it would have been hard to get positioned correctly. On occasion the market closes very near the pivot and it would probably be best to go to cash or a much reduced position. As far as keeping track of the systems gains I will count tomorrow as a wash.
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My next 3 wk cycle date tomorrow Fri 06-12. If we rally Thurs, my bias would be for tomorrow Fri 06-12 to be a turn lower from a High.
ReplyDeleteI agree with you that Thurs should be a higher close.
Regards, Jim