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20DMF Short signal
We had a short signal at the close.
Pascal
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Pascal,
I know you do not have any time tomorrow but do you not think that the spike today just at the end is the inverse of the spike at the close yesterday?
Any comments?
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We do not know the origin of such selling, but the market failed to bounce today: after the opening gap, the rest of the day was very weak. I opened a short position (SPXU) a few minutes before the close.
Pascal
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Pascal,
Sorry for asking but I am confused about what will cancel the current 20DMF short signal.
Is it crossing a certain porosity level? above 0.11% ?
I suppose that because the OB/OS did not go deep enough, there is no possibility for a 20DMF long signal for now?
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below is a screen shot of the new 20DMF_RT we are now testing.
You can see that there are some levels indicating the next possible intraday signal.
Also, intraday, the porosity is increased to 0.176%
Pascal
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