Rich Trend Trader's Blog

December 28, 2012

CASH (50% Long Positions put into Cash) Signal Issued End of Day 12/27/12

Filed under: Trend Timing Model — Rich Trend Trader @ 12:58 am

The RUT and MID closed below their respective previous 5-Day low satisfying the requirement for a CASH signal.  This occurred after trend model indices (RUT/SML, MID, and SPX) closed above their upper Bollinger (20,2) band and previous 20-Day high on 12/18/12.  In addition, the BPSPX has close above its upper Bollinger (20,2) band and the VIX:TNX closed below its lower Bollinger (20,2) on 12/18/12 as well.  There is a decent probability that the market will now move down such that at least one trend model index closes below its lower Bollinger band (20,2) and previous 20-Day low.

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