Founder's Trading Journal Interim Update 2 – 9/27/2022 by AF Thornton Sep 27, 2022 0 Comment The Founder’s Group reversed the long from 3668.75 yesterday to short at 3700.25 this morning with a 5-point buy stop. We will trail the stop if the market moves lower. The Failure to take out the 5-day line on the second attempt this morning negated the chance of a buy signal painting as yet. That does not change the fact that the market is still oversold with a lot of attendent fear. A neutral stance is justified in the circumstances as indicated in the first update this monring. This will be our last public comment today.
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AF Thornton Website: https://tradingarchimedes.com A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.