Neutral. No position.
Bailed out of some longs yesterday without much damage.
My summation signal is neutral. It could turn down for the R2K today.
My composite trend signal whipsawed back to down yesterday. Seems to be tracking Cobra's non-stop.
I was looking for a narrow range day yesterday after a trend day Friday, but we got a trend day instead.
I cut the cord on some longs after the opening range broke.
My signals are turning again and orienting me short.
The whipping and fast moves have been tough on my models, which are slow, but we have been managing.
This could be another fake, but the indicators under the hood of the trend model are looking solid for now.
We're testing very important support right now. If that goes...
The decline has been swift but orderly. For much of the last year, the bulls have consistently pulled back from the precipice.
Let's see what happens here.