Buy/Sell line crossed back into buy mode at the close, so possible short trade is off the boards for the time being. Limited experience with the Vindicator has shown the Buy/Sell lines oscillating around each other at trend changes. Possibly that's what is happening here. Whether that is a reliable pattern or not, the fact is that there really hasn't been an up or down trend for over a week, and the Vindicator Buy/Sell + Stoch has not given an entry since last Monday. If you're a daytrader, that may not be desirable, but I'm a trend trader, and that's exactly what I wish.
For some reason I suddenly can't paste charts into this blog, so here's a screencast of the Vindicator at today's close:
http://screencast.com/t/NWUzZWZj
Monday, March 29, 2010
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