Yesterday’s bullish flutter kicker signal set up in the NASDAQ right at the T-line provided a strong probability of a bullish flutter kicker signal today, which is obviously working. The S&P 500 was setting up for an inverted head and shoulders, three valleys in Japanese rice traders terminology. J-hook patterns are working effectively today. Short positions should not be trading back up through yesterday’s opens.
October 14th Daily Market Comments
Yesterday’s bullish flutter kicker signal set up in the NASDAQ right at the T-line provided a strong probability of a bullish flutter kicker signal today, which is obviously working. The S&P 500 was setting up for an inverted head and shoulders, three valleys in Japanese rice traders terminology. J-hook patterns are working effectively today. Short positions should not be trading back up through yesterday’s opens.