Current Model (version 3.0) positions:
- $NYXBT (Bitcoin), signals sell, June 1, TSP= 7490.53
Model notes: Yes! V3.0’s first signal is a hit, first a sell, then a period of low volatility and then a massive move in the direction of the signal. This is just what you want. A signal, time to act on the signal and then the signal proves out. Great time for CTM research!
Note: The following comments are based on using technical analysis to ‘flesh out’ our nonlinear trading signals. TSP is defined as the closing price on the day following the signal day.
Nonlinear Trading Themes:
- Bear Trend Signal ($NYXBT): The bear trend signal works out well with the eventual breakdown through the May 30 – June 8 trading channel. What about support? With the piercing of 6600, (approx closing low of April) there is no clear near-term support area. One can point out that we are “oversold” What about the future of Bitcoin? Follow my nonlinear mathematical predictions!
Observation: We now have the new fee structure in place (check the l “Fees” tab for details). Get your independent research here, put my 25+ years of model building experience to work for you!
Take a minute to peruse the US Equities tab. I posted the S&P 500 trading signals postmortem for the recent March-April time period (approx. as it took about a week to generate a signal at the beginning). Plus 134 Points. Great stuff!
Take a minute to check out the Forex tab on our website. I am posting the recent US Dollar May-June signals. No whipsaws and playing the surprise Brexit vote just right. Great stuff!
Take a minute to take a minute to click on our bond trading tab. Our signals took the profits in the early month while holding the long interest rates position later. It never sold rates, hinting at higher rates to come. The TBT went higher outside our test window. A nice tip-off for the future!
Check out the energy tab. We tracked crude during the run up to the US presidential election. There was plenty negativity with a surprise ending. See how nonlinear analysis walked us through it!
GH Garrett – Chief Market Analyst for ConquertheMummy.com © 2015-2018, “Nonlinear trading signals that matter in bitcoin trading.”