where we are at .....the big picture
we're back!
$INDU
250 point box
Analysis L1 Grid = Frenzy (overbought)
Conclusion: stretched and overdue for a pullback
Action: place trailing stop
500 point box
Analysis: L1 grid = Frenzy (overbought) also completion of 3rd wave Elliot count
Conclusion: the trend is your friend till its not
Action: trailing stop out
Bullish Percent
the percentage of companies giving a buy signal well into the :Bear" range
Analysis: sell zone end of cycle
Conclusion: still time to prepare a campaign to the bear side
Action: Sell trailing stop in
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