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market commentary – PsychTrader

Tag: market commentary

Attitrade Index At New Highs

Not quite sure what to make of this, but after today’s price action my index is at a new multi-year high. In fact, my data only goes back to January of 2006 and this is the highest level ever. The last sell signal generated was back on 8/31/10 which was quickly changed to neutral the

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Attitrade Index at Neutral

An average of the ETFs I track is currently giving a neutral signal, as one would expect. The 50 EMA has been providing support at 50.88 as the index itself finished the week at 51.02. I’d actually look for a close under that 50 EMA before I’d get too aggressive with my short positions. We

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