etfmsolutions: QLD Mean Reversion Model goes Long....04.25.18

Wednesday, April 25, 2018

QLD Mean Reversion Model goes Long....04.25.18

Once again we used our fixed stop cross from green to red to exit our QLD long position. What was unique about today's trade was that it fired within the first 3 minutes of the market open. In early trading the limit stop was hit and exceeded but we were out at that point with no worries.
QLD did rally in the afternoon session and it looked like we had missed a nice green day but then it faded into the close with only a net .3% gain for the day.
Market is up big afterhours....QLD up 1.25%....so tomorrow may be rally day but then Friday is just around the corner with red odds improving.
I've mentioned this before but its interesting that the performance metrics of the VIXEN and MR models are so close given that the momentum algorithms generating the signals are diametrically opposed. MR also has better linearity.

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.