Well the last few days are still down & old model would not have exited. Exit target tomorrow is yesterday's high of 4493.
I reviewed the SPI data & found this week had:
- Largest postive percentage Open-Close range in history and largest Points range since 1987 crash
- Largest High-Low range (points & %) since 1987
Crazy times. What annoyed me a little/lot is the range is higher than anything I tested & I considered another exit rule based on 5 or 6 % profit target but up till a few weeks ago it never got hit. If I was using that I would have been out for a massive profit. Personally after the crazy overight action & since I consider this a training period, I exited early in case we were in for bath again today. Didn't happen but I'd rather conserve capital. I have decided that letting a profit go isn't great so am adding the percent target exit in now.
Will post a chart of both versions.
dave
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