Interim Update – 12/3/2021

Interim Update – 12/3/2021

Very, very aggressive swing traders, this is your moment at 4604 with a 15 point stop. The put/call ratio is approaching 1.0. as the market puts in a short-term double bottom. I am using a wide stop to allow for a flush. This trade could go for a couple of days. There is no Navigator buy signal – this is a more technical setup trade. At the very least, I would cover any short positions.

A.F. Thornton

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.

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