The 20DMF RT issued a Buy Signal, but the 20DMF EOD did not.
The reason for the difference is not the OB/OS level, but the fact that we had a sell-off during the last minutes of trading. For a Buy Oversold signal to be issued, the MF must be positive. At the time of the RT signal, the MF was positive, but it fell back so much that the EOD system could not issue a buy signal.

Which is correct? I do not know. Both are anyway usually early. The whole market smells like a failed bounce, so we will see.

I did close my SDS long positions, but for the rest, I will see what the market tells.


Pascal

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