Short Term Trading Member Forum

[Mr_USA_1992]

composite model implies we should now rally into end of next week, the anticipated FLD crosses would project to about NDX1480-1490, then we drop into cyclic trough at end of month (maybe its the 80wk trough?) breaking the 10wk FLD and following the 20wk FLD to about NDX1400.

The composite model phasing is a bit perplexing, cause the end of the month is just too early for the 80wk trough, as airedale pointed out, so things could lengthen out.

McClellan is dropping low again and is in reversal territory now.

RSI model giving good swing entries, looking for it to tell me if the end of month trough is a signicant buy point or not. For now, I'm long the RSI model and will sell at a close above RSI-50, probably will hit early next week (selling into strength), then sit back and wait till end of month.