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Joe wolf, you are correct that the future is unknown to all....

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    Joe wolf, you are correct that the future is unknown to all. However simple TA does keep one out of trouble much of the time.
    From a week ago on this thread in reply to another poster.......


    Vitamin
    Here is a simple TA system based on your moving averages. If SP closes below both averages, go short. If it closes above both, go long. If the sp closes between the averages , stay away. To sell if long (or short ) I would use a different indicator....a trailing stop of some type.
    Long story short, at the present time there is no TA reason to be long.”

    There is stil no reason to be long.
 
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