Vixen has a flat signal for QLD while PVOL is long. TrendX is on the cross. Market technicals and the volatility trends (ATR and OC) are neutral.
There will be no post Wednesday or Thursday.
Monday, June 11, 2018
Sunday, June 10, 2018
Despite G7 fireworks the general market mood appears to be positive and, depending on the trend of the NOKO/US summit, the market could experience a big jump in enthusiasm. Despite the woefully overbought technical levels the prospects for new highs are clearly evident.
Thursday, June 7, 2018
Defying common sense the QLD Vixen and PVOL models are long while the mean regression MR model flat. To date, the MR model has produced the best win/loss ratio while the PVOL (blended priced pivot momentum and volatility trend) has produced the best total returns (keeping in mind we use the risk management strategy of never allowing an early wing become a loss intraday...this has produced an additional 15.5% total return not reflected in the published metrics.)
Wednesday, June 6, 2018
QLD is mixed for Thursday as volatility continues to erode (see RSQ line). The PVOL model is long, the Vixen is flat...as is the mean regression MR model. Volume is low and liquidity is waning so caution is advised despite the apparent blissful trading meltup.