Still in Short Mode

By -

Regular readers know that I updated my trading rules recently to incorporate adherence to the majority of my positions being "with the trend." In spite of the agonizing push higher lo these many months, the broad trend (as I define it) still remains down, so I remain mostly bearishly-oriented. Here's a daily chart of the S&P, with the moving averages I use as the basis for this.

0804-spx

Mark This Post as a Favorite
Do NOT follow this link or you will be banned from the site!