I have taken a SPX short, just because the gap is so big and nothing else. Yes, I can see as high as 1140.
My bullish percent and McClellan summation and other measures have been bullish for days and have had me out of the SPX. I guess I should have been long.
The Laundry FAGIX:VUSTX confidence indicator is interesting and have been doing some analysis on that.
He just uses a 12 month ma (52 week on weekly), but I have put on what seems to be working.
monday headlines, page-40
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