Pascal
06-21-2013, 09:52 AM
As you can see, the 20DMF opened below the -70 level.
On an EOD close below -70, we wait for a 3 points reversal. Since it is an intraday move below -70, then we will switch to a Buy signal if we close 5 points above the close of last night, which is rather far away.
This is very un-probable today. It is anyway much too early. Negativity did not have time to "sink" yet.
I increased my short positions at the open today.
Pascal
18919
On an EOD close below -70, we wait for a 3 points reversal. Since it is an intraday move below -70, then we will switch to a Buy signal if we close 5 points above the close of last night, which is rather far away.
This is very un-probable today. It is anyway much too early. Negativity did not have time to "sink" yet.
I increased my short positions at the open today.
Pascal
18919