- i follow a few 3rd party oscillators...on a variety of time frames from intraday to weekly, they are now showing overbought conditions...the NQ is also trading into upper trend channel resistance...
- though my 'XMany' model is on a buy signal, i decided to exit my current position into this morning's gap up...
- i will be looking to get back into the 'XMany' position if the NQ sells off or bases for a few days...
***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk ***
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