Sunday, May 13, 2018

QLD Mixed for Monday...05.13.18

We're finding it hard to get traction in this non-technically driven market.  Our trend following TF models are Long while the mean regression MR models are in cash.  Momentum is positive and volatility is fading...which should be bullish  Of concern is the descending TrendX Stop Alert.
Keep in mind the PVOL model is actually up 14% more than posted due to our trading rule to never let an early gain become a loss.  MR is actually 4.5% higher than posted.