Replies to post #10882 on New Trading Systems - Think Tank

[wjzabs]

skid,

Your chart is once again ~0.18. Do you interpret that to mean that we are at another tradeable bottom, or is it that we are at a trend change (like early Nov)?

TIA.

[wjzabs]

This chart from skid

http://stockcharts.com/h-sc/ui?s=UUP:TLT&p=D&yr=0&mn=4&dy=0&id=p42414923182

has been (for me) the most accurate informant for when to close shorts and go long.

[rimshot]

price action for all the elements shown on this SPX daily closes chart remain in a bullish configuration for the S&P 500 Index, for now

* as of the August 31, 2012 close -- nothing is yet broken of any chart importance

imo