Well, the first At Bat for the 60-min Trend System trend system this year was a strikeout (3 swings and 3 misses). Now it is back to the plate again and saying that a 60-min turn is happening. Hopefully this one isn't another 'curveball' and fares better.
But the Daily Trend signal is still on a buy. So whatever happens here on the 60-min timeframe, from a daily standpoint I am expecting higher highs. If this ends up being a tradeable pullback (and keep in mind the last 3 weren't), then I think it will end up being a dip to buy in the larger cycle sense.
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9 months ago