After falling (and closing) below the TDST support line the cash S&P500 found support at the medium moving average. Over the past week we bounced without breaking below the previous weeks low. This means that a short sale was never triggered. We have two more weeks to break below 1044.50 before the support line break is disqualified.One other item of note on this chart. Note that this is the first time that the swing chart (orange line) has turned down since the March 2009 bottom.
As you can see the trading system as developed is not for short term trading. We continue to wait for our first trade execution! It has been said that patience is the hardest part of the game.
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