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Monday, September 26, 2011

Monday, 9/26/11 update


Little dicey today, prices broke below the trend line early in the day but buy line didn't cross below the sell line. Later on that crossover did occur but by then prices were back above the trend line and rallying. After that the Buy/Sell line swapped back and forth but prices remained firmly above the trend line. So no sell signal was ever generated even though the market danced at the edge of the cliff. Nice little pop at the end of the day turned the long ES from Friday from marginal to profitable.
For today, either the SPX/Vindicator trading method was a) doing it's job because of superior design or b) lucky. I'd like to think it was option a, but more likely option b played a role.