The system is looking to go short, however the market needs more
upside still; the market needs to more then take out today's highs
in order for the system to go short, which I don't see occurring
today. If the market makes a new high as a 5th wave next
week, then maybe the system will catch that short.
SPY system comments
Posted by matt on 7th of Oct 2011 at 02:36 pm
The system is looking to go short, however the market needs more upside still; the market needs to more then take out today's highs in order for the system to go short, which I don't see occurring today. If the market makes a new high as a 5th wave next week, then maybe the system will catch that short.
Thanks for the update Matt!
Posted by pebs on 7th of Oct 2011 at 03:07 pm
Thanks for the update Matt!
Thanks..
Posted by burkmere on 7th of Oct 2011 at 02:40 pm
Thanks for updating, Matt. That is helpful info. Have a nice weekend.