The Cci remains on a sell. As I have said the omph of the sell is only the first few days & as far as the system goes it is more profitable on the long side then on the short side. This said there is another concern & this is that silver trades in a range & when silver gets above or below this 4% band of this range then the Cci works again. Therefore together that the cci is on a sell & now silver is above its range I have to start taking sell signals again.
As far as the Vma is concerned this is also on a sell signal & Monday will be the 2nd day of such a sell. This in the past has called for a pullback.
Now this week presents a problem since London is open on Monday & ny is closed. My programs get messed up as the data is not really correct.
Nevertheless I am going short on Mondays fix.
