The market continues to drift upward from its pull back last week. I am still skeptical as to how long this can continue. The Net NH/NL continues to diminish and there have been more new monthly lows vs highs for the last week and a half. I did get back in, but in only a limited way. The Market still favors the bulls somewhat while negatives continue to build.
My new shorting strategy is showing some real promise. So is my new long strategy that I have been testing the last few weeks. It will be interesting to see if either or both of them pan out in the end.
