Interim Update – 9/8/2022

Interim Update – 9/8/2022

With the volatility this morning, we lowered our sell stop on yesterday’s long position to 3933 to allow the market to react to the Fed Chairman’s speech. The new stop is a few points below yesterday’s midpoint at 3936.50, which should hold for the long swing signal if the rally has any legs.

In addition to the midpoint, we will monitor the 5-Day line at 3960.50, which becomes our new stop in a whipsaw that stays higher than our stop.

We will monitor the situation live, so be alert for signals today.

AF Thornton


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.


Free Blog content and videos delivered to your email.

Health and Wealth Podcast Coming Soon!

We value your privacy, never sell your information, and detest spam!