Thursday, April 12, 2018

QLD 50% long for Friday (with risk constraints).....04.12.18

Signals are 50% LONG FOR Friday but the TrendX has crossed over to the downside in both models and that historically signals an impending reversal. The Syrian situation is still volatile and if we see overnight action expect red tomorrow.  Likewise for the weekend where the odds for something bad are looming.  We'll play is close to the chest and be ready to exit is things turned dicey.
QLD is down .5% in the after hours session.