Green Flag While the Fog Hasn't Lifted
- Zackary
- 7 days ago
- 3 min read
On March 29th, we reluctantly reduced our leverage to align with the Hedge Signal in what turned out to be a costly signal. Since then, the bounce our other indicators were announcing for quite some time at that point occurred and was boosted by the renewed opening for negotiations and ceasefire. We even got the long awaited DE1 signal the following day after the signal. This fast recovery led to our Market Breadth dropping rapidly below its threshold which triggered the WU In signal on April 9th. We have not yet redeployed our available cash as we're waiting for a red day to ideally find a better entry price. During exit signals, we try to act fast as things can turn south quickly. Inversely, the entries are rarely followed by an explosive move up. There is usually at least some hesitation before really unlocking the next leg which is why we remain patient for now.
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