Rich Trend Trader's Blog

August 8, 2012

BUY Re-Entry Signal Off Of The CASH (50% Long Positions put into Cash) Signal Issued EOD 8/7/2012

Filed under: Trend Timing Model — Rich Trend Trader @ 5:54 am

The combination of at least one trend model index closing above its previous 10-Day high (and above the 7/10/12 high) and all other indices closing above their previous 5-Day high has been issued.  The market maybe targeting another close above the upper Bollinger band (20,2) on at least one of the trend model indices before a significant correction.

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