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Market Timing

Monday, September 21 2020
Look at the extreme right in the graph below.  Today the market bounced off of a very strict support level (200-Day Exp Moving Average) and closed way above its bottom.
This pattern is called a "One-Day Key Reversal" and it usually turns into a change in direction. In our case today, that would mean that the market starts back up (at least
for a while. 

Time will tell.  All MIPS models are Long at this time.

Paul Distefano, PhD
Founder / Lead Developer
MIPS Timing Systems
Houston
281-251-MIPS(6477)
408-234-8348
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Posted by: Dr. G. Paul Distefano AT 09:57 pm   |  Permalink   |  Email

MIPS Timing Systems
P.O. Box 925214
Houston, TX  77292

An affordable and efficient stock market timing tool. Contact MIPS
281-251-MIPS (6477)
E-mail: support@mipstiming.com