Tag Archives: LONG
Initial Drawdowns on new Signals
This Sep 19th LONG was triggered @ 43.94. VXX then fell to 41.50 before running all the way up over 52 on Sep 23rd. This VXX Hourly Long was triggered August 2nd @ 24.37. It then fell to 23.66 the [More]
VXX Hourly
Looks like (but no guarantee, within pennies) will reverse LONG on a close @ 41.10 or higher. If triggered, the trade assumes overnight (European) risk if taken on the Close. An alternative is to take it on tomorrow’s Open, or [More]
TAGS: LONG
Hourly Updates
Both models are still in sync; SPY is LONG and VXX is SHORT, which is a LONG trend for the market.
Hourly Trading Models
With the market gapping up this morning, the current Hourly Trading Models for both SPY and VXX continue to support market LONG positions. Here is a snapshot of both of these trading models with reversal thresholds clearly labeled.
TAGS: Hourly Trading Models, LONG, SPY, VXX
Pending Signals
Going into the last hour, it looks like Daily VXX will flip SHORT today, with IWM and GOOG flipping LONG. Today’s Market Close report will be delayed a few hours to due dentistry.
TAGS: GOOG, LONG, SHORT, Today Market Close
Market Close, Nov 30th
New Daily Signals DJIA = LONG SPX = LONG NASDAQ = LONG XLE = LONG FCX = LONG Commentary “Six central banks led by the Federal Reserve lowered the cost of emergency dollar funding for financial companies in a global effort [More]
TAGS: DJIA, LONG, Market Close, New Daily Signals
Wednesday’s Open
Today’s gap-up Open will push all of our Indices, including VXX, into bullish mode. If those levels hold, the trend will have changed to LONG by the close. The onlu model that got this one right was our new VXX [More]
TAGS: LONG, trading, trading system, VXX
USO – Crude Oil update
This is an update on the LONG signal triggered October 12th in USO, the Crude Oil ETF. I know many subscribers are trading this through call options and/or leveraged ETF’s. Below are the Daily USO chart and beneath that, the [More]
Timing
No, not market timing. Allan’s timing. A confluence of long neglected personal matters is causing me to leave an hour before the close today. Therefore the Market Close update will be written later this afternoon (Arizona time) or even tonight. [More]
TAGS: HOURLY, LONG, Market Close, SHORT
VXX Hourly Update
The market is once again dancing to the tunes of the rumor mills, lost in the hypnotic melodies of the music and totally ignoring the warning lyrics of the songs. We can see the dance floor in the VXX Hourly [More]
TAGS: LONG