etfmsolutions: Watching the Mosaic TrendX Charrts...10.3.13

Thursday, October 3, 2013

Watching the Mosaic TrendX Charrts...10.3.13

We're seeing more selling today as the NYSE advance/decline line hits 0.2...a clear bearish level (a value of 1 means equal advancers versus decliners). True worry levels display readings below .1 and can provide bottom fishing opportunities for the more risk loving investors and traders.

If you haven't had a chance to check on the new TrendX charts site you might want to see how these little thumbnails of market momentum can aid in confirming the P6 money management stops embedded in the models.

The main chart...a momentum divergence I term the "VIXEN", is particularly useful for shorter term traders looking to identify trend reversals. The VIXEN will not catch the tops or the bottoms of trend reversals but it will provide so called "sweet spot" situations that have a very high probability of success.

I've added the yellow arrows to highlight 2 recent divergence crosses. These charts are free and in real time (5 minute bars). If you open the site each morning it will update in real time throughout the day without any need to refresh.

Commentary and Updates

Mosaic Solutions commentary is typically published daily as time permits and market action warrants.
Posts feature Mosaic model updates including delta neutral stops, VIXEN directional trades and PONZO forecasts.

NOTE: Posted risk exposure indicators, signals and metrics apply to Mosaic models only. They are not directly correlated with price movement in the major market indices and can not be used to forecast directional changes in those instruments.
Each Mosaic model is a unique blend of risk factors and must be treated accordingly.

TRENDX is a proprietary Mosaic market signal that blends volume, RSI, momentum and rate of change.

ETF Mosaic Solutions and the editors of Mosaic Solutions are neither an investment advisory service nor registered investment advisers or broker-dealers and do not purport to tell or suggest which securities or currencies readers should buy or sell for themselves.
This site and related software products are for research and educational purposes only, and nothing herein should be construed as an offer to buy or sell, or as a solicitation of an offer to buy or sell securities, or to provide individual investment advice.

Investing is risky and past performance, whether actual or tested, is no guarantee of future results.
Any quantitatively derived allocations referenced herein should only be starting points for conducting your own research.

You are responsible for your own trading decisions and resultant gains or losses. When in doubt, please seek professional guidance from a registered adviser who can respond to your personal needs and risk profile.