Thank you for sharing.
I am not good at using DMI at all, so I tend to shy away from it.
Some people like Peter L Brandt uses 52-day ADX.
I am just curious if you also use ADX(52) below 10 as a signal.
Trades with cats wrote:I use the Directional Moment indicator. It showed the liftoff this morning but is now saying it is fading fast. Since the Russel follows the most shorted, I think of it like the VIX, something that is regularly abused by the big boys to push the larger indexes around. If this is a short squeeze, then the RUT will lead on the way back down, as it has all year.