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[Tomanyiron]

I moved Daemon's question to a new thread.
With a discussion about 'Overbought-ness', and ways of looking at that.

Tomany, it looks like you're in G but your system says to be in S. Are you thinking a down turn is expected? Last time you went against your system I think it turned out to be the right move. Just wondering what you're thinking. Also what is your envelope? How high/low do your numbers get and are you approaching that on the upside? I don't think I've seen above 6 last year. Thanks

Yeah you’re right daemon, I did move back to G.
These 2 charts had a lot to do with it.
And they’re not incorporated in the Stay Calm Index.

https://schrts.co/rUZJmCNr


https://schrts.co/tqvaZTXi

And yes my move to G was a little premature. And as always, we don't know how all this works out with the IFT limitations.

[daemon]

Thanks Tomany. Agree it's approaching overbought. Probably will continue for a while, possibly getting embedded just to mess with us and draw more bears in. Then they pull the rug out. Maybe the debt ceiling crisis this week will be the straw?

[Tomanyiron]

Update on the 2 charts:

https://schrts.co/ViUhbsVq

https://schrts.co/gfPEjNeN