| Weekly Trend: | Neutral | |
| Daily Trend: | Down | |
| Daily Momentum: | ___ | Up |
Our Systematic strategy turned itself off today after two strong days down. Remember that this system and its signals use no Elliott Wave or discretionary input. It’s a trend momentum strategy and simply turns on and off with the current momentum. Obviously when the market has no sustained trendiness it can lead to some frustrating times such as we’ve been experiencing over the last 6-months. I make no apologies and there is no need to fix the system. That’s just how it is. The good times will come for those that stay dedicated to the strategy and remain tolerant of these difficult times.
Facebook comments: