I agree with you Arun, too . The PMO is curling up and
advance decline line is improving and higher % stocks over the 50
sma. I think theres been some improvement in breath and
mclellan oscillators as well. I think we have higher to go
after some more pullbacks, and wish Matt's mechanical system
had given us some kind of trigger to go long
the QQQ system has been long for about 3 weeks. Other ETF's and
stocks went long or have been long on the KISS stuff.
the reversion to mean systems are not long because they are
reversion to mean - they will be pretty quite when the VIX is low
and volatility is low, don't sit around waiting for them to
trigger, plenty of triggers from other things
we've had very valid long triggers via the RSI 14 trendline
breaks on the indexes
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I agree with you Arun,
A follow-through day according to IBD. I'm not sure I ...
Posted by imelhoe on 29th of Mar 2023 at 10:23 pm
I agree with you Arun, too . The PMO is curling up and advance decline line is improving and higher % stocks over the 50 sma. I think theres been some improvement in breath and mclellan oscillators as well. I think we have higher to go after some more pullbacks, and wish Matt's mechanical system had given us some kind of trigger to go long
the QQQ system has been
Posted by matt on 29th of Mar 2023 at 10:34 pm
the QQQ system has been long for about 3 weeks. Other ETF's and stocks went long or have been long on the KISS stuff.
the reversion to mean systems are not long because they are reversion to mean - they will be pretty quite when the VIX is low and volatility is low, don't sit around waiting for them to trigger, plenty of triggers from other things
we've had very valid long triggers via the RSI 14 trendline breaks on the indexes