Following Thursday's session, our indicators closed for the second time in positive territory, giving us a buy signal.
The Sigma trend Index (STI) closed at '4' after a close at '1' on Wednesday.
The breadth index also closed for the second time in positive territory, giving us a buy signal.
Even the advance/decline 5days reversed and is now close to give a new buy signal.
Conclusion:
In this context we moved neutral and cut our short position. Based on our models, we should be long in the market, but we don't like to completely reverse a position in one day, we prefer to move neutral first.
Current position: none
