
Note: The data date on the charts should read 3-13-09, not 3-11-03.
The weekly impulse signal reflects the relative overbought levels suggested by the ratio of the MA3 and MA7 of the range. In a previous study this indicator was shown to have a reliability of about 70% when applied to daily bars, a performance level that I'm not that happy with and so I'm continuing to work on refining and improving the signal line.
Today's action promises to be a bit frustrating as the DIA, IWM and VIX are all in the green, while the Qs are proportionately down. Hey!, it's a mean reversion pairs trade.

1 comment:
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