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The XLI model signaled a Shorted Overbought yesterday. I will open a new short trade for this model at the open today.
The XLF model has a Shorted Overbought signal since yesterday. I will not follow this signal due to the poor back-tested performance with the combination of a XLF Shorted Overbought and a long 20DMF.
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Happy New Year to everyone!
The XLI model turned to cash last Monday. I will close the current short trade for this model at the open today.
In my strategy, only the Combo-MF, XLK and XLY models are active as of the first trading day of the New Year and all in long mode.
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