MidCaps Set Up Short After Perfect Q1 Long

Added on by C. Maoxian.

Weekly squiggle analysis ... flipping through the charts I see a lot of shorts (and only one long -- the bonds). MidCap 400 (MDY) set up long at the end of January (now he tells us!) and has been in the minimum C target zone for the last several weeks. My chicken entrail reading may be screwy because of that August Flash Crash low, so take the voodoo with a grain of salt. 

Click to enlarge, get a bigger monitor, dummy.