etfmsolutions: QLD Long for Friday...04.05.18

Thursday, April 5, 2018

QLD Long for Friday...04.05.18

A tentative rally today, especially in the financial sector, although the close was weak and volume was a bit subpar given recent volatility. For tomorrow the PVOL model has actually generated a Long signal...the first one in 2 weeks...and that's mostly based on the positive action of the Pivcot Trend chart which today crossed into positive territory. The current TrendX charts support this bullish view and the VIXEN trend following model is in sync. Barring some unforeseen new calamity the runes are risk on for Friday.

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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.

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

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