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Tuesday, March 23, 2010

Deja Vu all over again

Vindicator buy line crossed above sell 1st thing this AM, stopped out of short ES on PM rally.  Still learning this thing, question is if make a trade and buy/sell switches signal should trade be closed and positions reversed? Today that would have been the thing to do.
 On EW analysis, if my count is right we finished a 4th wave and started a 5th today.
Backing out to a longer view, and again if my count is correct, we have one more 4 down - 5 up after this rally before a more serious top.
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