The gapping nature of daily action over the three rallies is pretty cool. This latest edition shows larger moves and high volatility. The two prior editions ended with sharp reversals, and this one seems more extreme on the way up than the other. Trend following has been long from the end of October, and the… Continue reading 11/5/20 Another Up Gap
Signals are the same as they were yesterday afternoon. The strength of yesterday's move was a good reason to stay long despite the foxes, but the ongoing election uncertainty interferes with clear thinking. Assuming the Fed, or something else, doesn't spoil things today, xFF will be appearing at the close.