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On a mystical island far away, the prophetic Tatoo called out: Look!
The Trin, The Trin.
Trin SMA's 21 and 55 bar. Richard Arms states to be out of market
(short?) when 21 is below 55 and the converse, be in when above. I
would suspect a reversal unless confirmed by higher highs in the 21 SMA
A 50% retracement from the 12-27 is 10288. The 200 SMA, as of now is
approx 10278.
Could this range be support for this retracement?
Any comments?
Dan
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