there's no possibility of exhaustion short at this time because
that condition is predicated on a large number of consecutive price
closes above a short term MA like an 8 or 9 MA over 26 - 33 days
over. That condition resets once price falls back below the 8
MA which occurred early last week. So technically SPY has only been
above it's 9 MA 6 consecutive days now.
Remember we trade the longs and shorts sub systems separately so
there can be times when some sub systems are long and a sub system
decides to go short while they long systems are still open.
Remember with you being new. we are trading the sub
systems not one system. there can and will be multiple systems
active at once at times, especially during large corections
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New to the systems. Is
Posted by 1carnut on 12th of Dec 2019 at 09:59 am
New to the systems. Is it possible for it to close out and go short in the same day if exhaustion or similar is triggered?
there's no possibility of exhaustion
Posted by matt on 12th of Dec 2019 at 10:13 am
there's no possibility of exhaustion short at this time because that condition is predicated on a large number of consecutive price closes above a short term MA like an 8 or 9 MA over 26 - 33 days over. That condition resets once price falls back below the 8 MA which occurred early last week. So technically SPY has only been above it's 9 MA 6 consecutive days now.
Remember we trade the longs and shorts sub systems separately so there can be times when some sub systems are long and a sub system decides to go short while they long systems are still open.
Remember with you being new. we are trading the sub systems not one system. there can and will be multiple systems active at once at times, especially during large corections