SevenSentinels.com

Primary Trend: Transition to Bear Market ~ Intermediate Term ~Seven Sentinels~ 100% Cash

By the end of the day Tuesday, the Eurozone led recovery rally had taken five of our Seven Sentinels, BPCOMPQ, TRIN, TRINQ, NYSI and NASI all to buy mode, and had forced us to cover our short position.... before failing as we'd beeen expecting all along:

Following that stop out, markets sold off as we'd been expecting all along, prior to the stop. But we'd been forced to close shorts for reasons having to do with risk management. We are left, therefore in a full cash position tonight and will not re-enter markets until we get a new Sevn Sentinels signal confirmed on the market close by all Seven elements.

There is no way to express how difficult this scenario has been for us, nor would that serve any purpose. It is what it is. We can only move on from here, lessons learned and fully absorbed. We will use this experience to tighten our discipline and methods and patiently wait for the next confirmed signal from which we know, based on many years of experience, that the next trend and series of profitable trades will follow.

EOM