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Slim Signal
February 2nd, 2009 at 12:34pm · 2 Comments
Buy the slimmest of margins, the modified DMX has just turned up on the 60 minute with the closing of the 12:30 PM bar. Theres divergence present as well. We ought to get a break from the decline for the next one or two trading days at least.
Tags: General Market Commentary · S&P 500
2 responses so far ↓
1 nirvs // Feb 2, 2009 at 2:21 pm
Chris- I note that Bradley has a Turn date on February 9…the next turn date is not until June. The Feb date fits well with your Solunar Buy on the Feb 9th…
I use Delta. The SLTD cycle Low (a 19.5yr cycle) is due no later than March 2009….therefore one could possibly assume that the Bradley turn in Feb should be a LOW…
any thoughts?
2 Aronny // Feb 2, 2009 at 3:35 pm
Seems like today’s low bounced off the trendline connecting Nov 21st and Jan 21st.
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