Power failure from Isaias yesterday, delayed my posts. Expected to be down today, but service was restored last night.
SPY has filled the important gap created between the weeks of February 18 and 24, so now a relatively small up move will result in a new high.
I pulled my SeekingAlpha article submission after solving the mystery of no non trend following xFFs. The algorithm was counting buy signals as trend following because both conditions result in long positions. That’s not a bad idea, but the fact that it surprised me is clearly a sign that things deserve a more careful look. Hopefully, the new analysis will be done in a few days.
