ETF SWING & DAY TRADING

[gloe]

Nocona - "This is where I get confused about what to do when a key interval (zero line, 100 line) will not break, but instead the CCI bounces off of it (or away from it) like a zero line reject. I am inclined to reverse when that happens."

Or stand aside as I did today after a while, and am glad I did.

Looking at that ER chart, I can justify staying short all day from the original short. ER never either (1) got right back above the +100 after breaking it, nor did it (2) break below the -100 and then break back up. Those are the clear signals. These moves between the zero line and the 100, or between the 100 lines are not clear.