No, that would just be a closing of the long trade. NOT a
flip short. As Matt noted we also need to stay up a fair
amount so we will follow-up after/toward the close if there was an
official exit. Good Question.
The RSI 2 system will be closing out end of day, even though the
SPX is up 11.5 points, the trending indicator did not flip, so it
will be closing out of the trade for another winning trade
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so would you go short
SPX RSI 2 reversion to mean system
Posted by iaranger on 15th of Oct 2012 at 02:15 pm
so would you go short at the close then if it exits the Long position?
No, that would just be
Posted by tom on 15th of Oct 2012 at 03:10 pm
No, that would just be a closing of the long trade. NOT a flip short. As Matt noted we also need to stay up a fair amount so we will follow-up after/toward the close if there was an official exit. Good Question.
The RSI 2 system will
Posted by matt on 15th of Oct 2012 at 03:59 pm
The RSI 2 system will be closing out end of day, even though the SPX is up 11.5 points, the trending indicator did not flip, so it will be closing out of the trade for another winning trade