etfmsolutions: QLD Mixed for Thursday (again)..but TrendX turns negative...05.09.18

Wednesday, May 9, 2018

QLD Mixed for Thursday (again)..but TrendX turns negative...05.09.18

The Mr mean regression model has gone to cash at today's close while the trend following models VIXEN and PVOL TF are long. As a cautionary note... I don't like the TrendX signal in all 3 models..crossing down...which has been a reliable signal in the past of a market pullback. For now volatility continues to erode below the RSQ support line in the volatility charts....another cause for concern.

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