Last week's downtrend whimped out into a sideways move and we're now back into a tidal upswing. Projected top of this trend is next monday, 26th of October. This date, by the way, has some tidal significance in my work and will require special attention when it rolls around. I think right now it will form an intermediate high of some significance in this rally, and will likely result in some lightening up of long positions on my part, and potentially taking of some defensive positions. Just an indication from my charts, not a recommendation in any way.Hoping to get back to the trading aspects of the tides before too long. A project looms in this respect to attempt to prove or disprove the reality of trading the tides with eminis as the trading vehicle. More on that later, probably in a couple weeks as family is beckoning this weekend. Trade well and stay on your toes, particularly in this timeframe.
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