Flatline

My system has stalled out and the neutral signal is on. Any downtick in my system tomorrow will be a confirmed sell signal and if the market is tanking tomorrow towards the end of the trading day, there is likely more downside to come. Any surprise uptick from this flatline will be short-lived and will only provide a better short-term point to short equities. That said, the intermediate term is still bullish but the short-term remains very vulnerable here. My next post will be on Wednesday.