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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (34156)	6/26/2012 9:52:40 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220664

The sell signal cannot fail, it was already confirmed... it can only be unconfirmed (failed) or confirmed by yesterday's close, and it was confirmed... this doesn't mean it must be a profitable trade, but the signal itself was already confirmed, so the model is short and the near term trend is downward for now... If you're asking what would trigger a new buy signal, then that's a different question... we would need a close today above 1356ish to turn the model long... GZ