Overbought Sell Signal

The PI has been updated and tweaked.  It now provides better Buy and Sell signals.  The Beta version was missing filters for volatility, which has now been included.

Where the old signal gave a Oversold signal on 5/16 the new PI with better parameters gave an Go Long signal on 5/21.    The trade was closed today for a gain of of a whopping 3.42 or $342.  It is a small win but a win.    Now the PI has flashed Overbought with a Sell Signal.

Here is a chart of the last PI Sell Signals, the System sets a stop loss at 7% and to cover the trade when PI goes oversold or a 9% price target is reached.

Here is a list of all the Short Signals since 2008
8 W
4 L

Total P/L:  $4,144