We lucked out with our little QLD trade today as QLD opened higher before crossing down through the zero line 15 minutes into the session...which triggered our fixed stop and saved us from a 4% loss sustained by long term holders. We are now 14% ahead of the posted VIXEN/PVOL performance values based on this simple capital preservation trade......never let a gain become a loss.
For tomorrow signals are mixed once again and although the QLD is up .5% after hours a lot can happen before the opening bell and the TrendX and Pivot charts do not look bullish.