As can be seen from the five day chart below, the QLD made a massive recovery from the Monday shakeout. With the CMI saying that it is still in the QLD buy mode, the question is whether I jump back on board so that the CMI train doesn't leave without me, or I sit tight. More than likely, there won't be another Monday shakeout next week so I will get a feel for the direction and make a decision then.
The year to date results show that all of my efforts to out-think the CMI have resulted in no advantage. This is good news. The CMI is there so that you do not have to think. Following blindly has been the plan all along.
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