continue to hold longs. market has been going up a lot, normal to have a bit of pull back.
I am considering starting a new thread in the Journal forum, since this is more like a record of market calls based on two in-house indicators as opposed to technical discussions.
both blue and red indicators are at low levels, characteristic of an uptrend. this doesn't mean that there wont be any pullbacks on the way up, but for a swing trader, just enjoy the ride, don't get shaken out of the wagon.
the blue indicator just started to shoot up. still holding longs, although getting cautious. it would be, however, too early to short the market, imho.
