As expected, volume didn’t make it above Friday, but very, very strong price movement. SPX is above the 200.
Since this is an exercise in trying to follow the IBD recommendations, I’m going to play it both ways. Probably won’t matter as suspect in the next couple days it will define a FTD, or could undercut, and we’ll be at the same point regardless. May be a good example, we’ll see. So, Buy Switch is on but will see if it varies with not doing anything today. Haven’t seen what IBD officially called, but would surprised if they didn’t jump on board with buying.
In real life, I actually acted on Friday to open a few positions and did a couple more today. But all have tight stops.
Lakedog