Distribution Day Warning

[Billy]

Between waiting for the Stage 3 signal, a possible distribution day today, Bernacke tomorrow and the Robot stop that is still far from the purchase price, do you have any thoughts on position size to carry overnight?

Best regards,
Robert

Robert,

For those who have a plan - and the robot is a plan - there is nothing special to do other than sticking to the plan.
For discretionary traders, the day is far from over. Heavy buying of intraday pullbacks tends to happen in the last 90 minutes recently. I was planning to buy an intraday pullback to daily S1 on the indices for overnight holding, but the ominous reversal of the cumulative TICK made me stay in cash with my discretionary trading account. The 20 DMF signal evolution and robot settings are strong enough to avoid shorting overnight, that's for sure too.
Billy

[brrim]

Billy; Thank you!
Robert