After making the decision to only post a change in an index signal, I have been very anxious to identify a point where it would be prudent to harvest these profits. It is very near that time.
There are continuing negative divergences in the shorter term time frames in nearly all the equity indexes I follow, however I have not gotten close to a new Momentum Change until the last 2 days. This action today takes some of the pressure off, but the short term charts are flashing warning signs.
I am watching carefully for a point where Momentum is stalling, and we are nearing that point.
for those not on the email notificiation list, you will want to check in frequently and watch for a new Trading Alert.
Best To Your Trading!.
Bill
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