We have been operating within the confines of a 6-month Exodus hybrid overbought signal for 9 sessions and tomorrow marks its arbitrary completion. It has been a successful mark for the algo, and one that I won’t soon forget. I was headlining the day it fired. I was juiced up and convinced we were going to the moon.
My headline rights were revoked, both OA and FLY said, “dude, chill” as did Exodus. Here’s the performance of every major index since:
The NASDAQ went down over SIX PERCENT during the cycle—a tad extreme no?
I now look for an extreme snap back to start October. The real fun starts next Monday.
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I remember when you got your movie review privileges revoked as well (lightening fast). It can be rough around here..
indeud