This aggregated matrix is part of my pending article. Pretty cool how xFC booked a nice gain CO. Anyway, we have dropped out of the higher cycle and are now in the middle cycle. Part of the strength of the current market is that moves to this level have mostly been contained on this level and not often gone down to the, you guessed it, lower cycle.
The signal today is call xHL which stands for High Low(er).
That should make long CO an easy play tonight especially because of turnaround Tuesday. On the other hand, this is the election endgame. My advice is freak out but don’t get scared.
