My last down signal capitulates and joins the other three
that I posted last week… my ICE trading system on SPY (S&P500) fired off an
exit long signal after Friday’s close. This is translated as a down signal in
this system. That means I need to exit my mutual funds in my 401K with the
exception of any that actually have an inverse relationship to the S&P500. The
chart on Dow Jones 30 had already given a down signal and so had the chart on the
Nasdaq 100 QQQ much earlier as well as my faster system on SPY.
I am headed for the door.
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