alligatorm wrote:The Transport Index bounced off its 200 day moving average and has had a couple of good up days now... and this is the day my daily seasonal says to move back in, so I submitted my IFT to the S fund this morning. After that big run up yesterday, I'm betting there will be some profit taking today so I'll be buying in on that dip....
Once again, it looks like the daily seasonal is SPOT ON....
This, plus Tomanyiron's comments in the Strength and Mood thread have me thinking the exact same thing.
Tomanyiron wrote:...stocks moving up in a big way yesterday. And combining that with two previous days of rising strength. “Typically” suggest a change from down-trend to up...