No new trade signals at this time, just a reminder about how this system works. For every trend there is a counter-trend and it is the termination of that counter-trend that generates trading signals. The trend in all time frames has been down going into the end of last week. We have seen a counter-trend up so far this week. This is my way of saying "stand-by," everything is lining up for new signals as soon as this rally is over. IWM The working assumption is that the most recent leg down from October 17th is being retraced, touching the 50% level this morning.
