Tuesday, January 27, 2015

Small Cap failed to confirm yesterday’s buy signal

$dwcpfWeek

This morning when the market opened we gapped down significantly. By 11:30am as you see on the chart below, we were way below the required entry level of $1067 or higher. So what that means is that we will have to wait for another buy signal and see if it confirms the following day. We did make a nice recovery on the Small Cap until 2:30pm, then we turned back down to finish the day down .59%.

Small Cap is still a daily sell, weekly buy, and monthly buy.

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