Sunday, June 30, 2019

Delta Neutral Update and MoDX for Silver and QQQ..........06.30.2019

Momentum's on a rise and volatility is on a fade.  Our "best odds" risk stop has once again retreated to almost 1.0, abou half of where we would expect it to be.  Nevertheless, we're continuing to bank coin with the low risk QLD/QID model and I've arbitrarily set the stop limit at 1.4% in anticipation of a Chinese trade news item (which has already been debunked as of 7 PM EST.
The 2 attached MoDX charts are for the Qs and silver...one of my favorite short term options ETFs.