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The POMO magic
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
[ATTACH=CONFIG]18805[/ATTACH]
[ATTACH=CONFIG]18804[/ATTACH]
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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
[ATTACH=CONFIG]18806[/ATTACH]
