Saturday, February 18, 2017

POS Stays Quiet in Strong Uptrending Markets

If you are curious why the POS has not signaled recently, then refer to the explanation of the system at http://maintrimmercapital.blogspot.com/2014/11/point-of-sail-market-score-history.html.

The system looks for entry points relative to the current trend, but the markets have to pull back significantly enough to generate the signals properly. For the last three months, market conditions have been extremely bullish, price has continued to move upwards quickly, and few signals have been generated.

The POS tends to underperform in market environments like these, so please keep this in mind as you watch for its signals.