Friday's Down TNA Day Was Not a Reversal

TD REI=100 WITHIN 4 DAYS AFTER 14 DAY MAXIMAL TNA WILDER ASI was true on 3/16/12. This signal has lit 16 times since last August (1 Red Reversal, 5 Green Continuations, 5 Green Pullbacks and 5 Green Resumptions). This signal does not predict Red (Buy TZA) Continuations or Resumptions nor Green (Buy TNA) Reversals. This pattern is similar for all TD REI=100 WITHIN 4 DAYS AFTER 14 DAY (PARAMETER) SIGNALS studied. Friday was therefore a Red Pullback Day. The signal most likely suggests a Green Resumption (i.e. TNA up day) on Monday. A second Red Pullback Day is less likely since

only three of the last 22 TNA Pullback Days were a second pullback day.