My system tuned bearish about 3:30Am this morning. I had a bearish signal yesterday morning, then it shot up unexpectedly. That changed all my indicators to be bullish. However, one of my rules is to stay on the sidelines and not trade if the markets are not following my model (I think I mentioned that yesterday too), and this action does not follow my model at all.
The weekly chart looks weak again, with the same bearish set up as 2 days ago. My daily charts are sideways to down. However, recent odd behavior will have me again, on the side lines, in addition to the fact that I do not have solid, unified signals.
Tomorrow is anyone's guess right now. If it goes down, that would be best. That means it is returning to normalcy, and I may be able to implement a trade.