Replies to post #9295 on MDA - Market Direction Analysis (MDA)

[Namiar]

Re: Warpfactor mechanical model.

I pumped up my long position to 150% at the close via the Profunds UltraOTC fund, per scalping model.
Yesterdays action gave me a "Bull market oversold" signal. Todays action pushed deeper into OS territory and is sufficient to give a buy signal even if it were a Bear market. Although, if it were a Bear market, I would only be about 50-60% exposed instead of the 150%.

Still, markets feel as if they've got another downleg. Oversold levels are decent, but not to extremes. So there is room for more down.