20DMF

[Pascal]

Today's selling is rather weak compared to yesterday.
I suspect that the day's POMO operation will push things up by the close.

It is important to keep an eye on the short signal probability calculation.
As we approach the close, this figure will slowly decrease, except if we have a large sell-off on unexpected news.



Pascal

[Pascal]

While today shows a positive MF, there is no indication that we should short strength today: the 20DMF pattern closely follows the S&P500.

I always expect some positive headlines over the weekend and hence, a Monday gap-up is always a good probable event. Therefore, no short for today, but maybe Monday depending on market conditions.



Pascal