Market direction
As you all know, Vector has been bullish since the close on Thursday, and yet again it’s proven itself, by catching the correct bias and trend early. What a fine trading system and market bias indicator it is, and I encourage all readers to follow the Vector signals and their performance while they’re still free. At some point I’ll be returning to subscriptions, probably after a lengthy vacation I’ll be taking from the net in the weeks ahead.
In case you missed the futures chat, an intraday swing long Vector signal with 40 minutes left in the session on Friday provided a perfect Dow futures entry (as shown in the chart) and the market has rallied from it +160 points or $800 per contract. Personally, I declined on the weekend risk and went flat, and missed that move, ces la vis, but today took home a swing long from 11245 risking 30 points, looking for some follow through tomorrow. Vector closed firmly bullish at close today.
The Dow looks like the fuzzy C is in now, so potential is there for 5 impulses, today being the start of 1.
Make ‘em pretty dudes and look for the mouse in the air!
