Same action is now in play, but let's just see is Pomo works again, or whether they let things tank a bit to justify QE2.
Remember, when the FF signal is going down, that represents more Fear. The FF does trend and pattern pretty darn well. In this world of financial gaming where "hot money" is pushed around quickly to ramp some segment and dampen others, and to game stops and create fear, a compound indicator like the FF takes some of the game out of HBB.
And check the ES chart, on that backtest, I went heavy short futures but now even playing options for increased leverage. I had sold my Sept puts this morning at top prices, and when I bought puts back, I went for November because I hate theta burn.
Please drop a comment. And esp. if you have any strategies or particular stock picks with great patterns, Jing them in.
