All but one of the exchange-traded funds in my short-term swing trading stable have gapped in a direction opposite their targets, set new swing extremes. So, it's back to the abacus.
The exception, XHB, is overdue for a downward reversal. It hasn't happened.
The situation is muddy to my eyes. I'm giong to take the time to figure it out before posting anything.
So, no status rundown today.
The Taylor Technique, which I'm trying to apply, is a method rather than a signal. Meaning, that in common with Elliott waves, there is a lot of ambiguity.
Swing holdings: None.
See my essay "Swing Trading" for trading rules and a reading list.
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