Subject: Re: mechanical for taxed
Echoing / amplifying from Mungo's latest 2: the 99d / DBE signal *WAS NOT DESIGNED* to handle a market shock such as covid crash January-March 2020.

Just one "tool" analogy. One wouldn't expect a cruise ship to execute a turn like a destroyer would (or a smaller boat). New users should think of the 99D like a cruise ship that takes some time to change direction compared to the "smaller ships".

My opinion - to call the 99D highs *during Covid crash* a "failure" is inapt.