Rich Trend Trader's Blog

August 11, 2017

Trend Model SELL Signal and Trend Model CASH (50% Short Positions put into Cash) Signal Issued End of Day 8/10/2017

Filed under: Trend Timing Model — Rich Trend Trader @ 6:55 am

The Trend Model timing indicator issued a SELL and  CASH (50% Short Positions put into Cash) signal at the end of day on 8/10/2017.  Therefore, only 50% of capital positions should be put into short positions.  The market is slightly oversold on the indices technicals, but not the valuations, so a bounce of some amount would not be unexpected at these levels.

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