The harder I try to coax the CMI to buy the market, the more it refuses. At first I thought there was something seriously wrong...besides the fact that this will be a losing year for the CMI. (The first eight months of version 3.0 caused too much trouble.)
As it turns out the Cheetum Market Indicator is running as programmed with the version 4.0 add-on in place. I have a feeling that the quick run-up has strained the relationship between competing signals. Something will eventually give as the CMI will:
1. either change from QID to QLD if the market insists on moving up, or
2. will overheat and trip the breaker which will produce the bull/bear signal, and decide not to play anymore until things cool down.
The only other option is for the S&P to do the right thing and fall hard and fast through 1160 which would take the strain off the QID trade...a true December inverse rally!
Trump and the Fake Debt Limit
3 hours ago