Power Crossover Method Daily Summary
It was a quiet day for the markets, but following last week’s strong late week rally we had a few positions to close, and a few new long signals to consider for tomorrow. The Dow has been bearish since January 23rd and we’ve now seen two back to back sessions where RSI has closed bullish. This indicates that there is some indecision, but our other 2 Power Crossover indicators are still bearish. Our open short positions are still up nicely but if we continue to drift higher we’ll likely see more signals to close shorts and more signals to go long the market.
New Entry Signals
Open Entry Signals
New Signals To Close
Model Portfolio Open Positions