The POMO magic

[Pascal]

The magic is working again today, just at the 50MA.
The only problem is that the MF is almost flat compared to the MF of past days.
I might have to increase the short position if we continue the bounce to the resistance level shown in yellow without any significant positive MF.


Pascal

18805

18804

[Pascal]

We can see below that the S&P500 pulled back as soon as it touched the 1625 resistance level.
However, the MF is still increasing. This is not a pattern that allows to increase the short position.
To the contrary, it is a pattern that tells to decrease the short position.


Pascal

18806