conservatively followed the idea of seasonality .
as we've talked about Guggen/Rydex lately .. what jumps off the PAGE there in Money Flows was the movement into yes..INTO EEM Friday... and out of the NDX.
so overlaying this information onto the Index Trending Signal Charts (Short the Weak ..vs Long the Strong) should give us a good idea of the rotation and how to trade around it this week.
also surprising was the very SMALL amount that decided to exit Precious Metals ! So there may be more selling to come.
all said... the THRUST model moved down ....AS I SAID it would the Day Before THANKSGIVING in my THRUST POINTING NORTH ...BUT thread..
SEE DOW CHART FROM THANKSGIVING... on the same thread.
THRUST REACHED an OverSold level (machine signal) and reversed yesterday and today its still pointing north,..but its likely to reach an OverBought level (we shall see)
in the next trading session!
So heres a plan.
.. any GAP UP OPEN for the RUT should be Shorted into the close of trading.
that said they are managing the markets closely and may not want a gap up open so we shall see either way there is a plan knowing
were we are as we move closer to an OB or even and Ext-OB signal.
regardless i continue to take all my signals which puts me in a position to be on track for the bigger moves if and when they do happen.
the TOP oscillator .. saw its first strong Sell Cross lower since the previous buy signal (for the same oscillator) began. all the lower indicators (except for the longest trending at the bottom)
have also turned red. hmm
you can see by examining the history of these lower indicators that normal market reaction to these turning red is a sell off. this one has simply been postponed by
a little holiday manipulation. dont be fooled. the markets will need to correct the diverging imbalance before to long.
Now we see that the THRUST MODEL Is moving into an Over Sold area so we will need to take a look at things.. and maybe skip the FIRST reversal or OVERSOLD BOUNCE but
TAKE or MAKE the EXIT on the Second... depending on if we can reach that EXtremem OS area on this OR the next turn lower
Edited by Mr Dev, 01 December 2014 - 02:46 AM.
