Tag Archives: Vix trading signals

V2.0 Signals do Well in June (GLD, SPX)

Model Gold Portfolios: Gold = Bullish  6/04, S&P 500 – Bearish 6/01, VIX designing model.

Technical Read:

  • CTM150604Gold: Gold fell through the 113.50 (GLD basis) support level but not decisively. However, nonlinear trading analysis is interpreting the price action as the market is now significantly oversold. We are issuing a bullish signal based on today’s trading. The model Gold portfolio is now bullish
  • CTM150604sS&P 500: The June 1st sell is doing well. The S&P 500 dropped through its recent trading range. Unlike gold, nonlinear trading analysis is not indicating it is oversold. Price target is approximately 2070 (low of the month of May). The S&P 500 model remains bearish.
  • $VIX (S&P volatility): VIX model designing work continues. Preproduction model issued a buy on May 27th and the opinion persists. Expectations of higher volatility numbers are a warning of lower stock prices to come.

Note: Technical comments are based on interpretations of non-linear trading models, combined with chart price action.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  ©, “Nonlinear signals that matter in gold trading.”

V2.0 Sell! (SPX)

Model Gold Portfolios: Gold = Flat  6/01, S&P 500 – Bearish 6/01, VIX – designing model.

Technical Read:

  • CTM150601Gold: Gold exploded in early trading but spent the rest of the day slowly selling back, then posting a mild loss (.GLD basis, -.10). Nonlinear trading signals are trendless. The 113 support line may soon find itself tested again. I am not sure it will hold this time around. The model Gold portfolio is now flat.
  • CTM150601sS&P 500: Today’s calculations are even less positive for large-caps. Non liniear trading signals are bearish. This V2.0 sell has been long awaited. The S&P 500 model is now bearish. Let the out of sample data testing begin!
  • $VIX (S&P volatility): While posting Vix signals is still weeks off, I am running the models and they are generally positive on volatility. Another indication that stock are in danger here.

Note: Technical comments are based on interpretations of non-linear trading models, combined with chart price action.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  ©, “Nonlinear signals that matter in gold trading.”

113 Holding, Sort of … (GLD)

Model Gold Portfolios: Gold = Long  5/19, S&P 500 awaiting signal, VIX designing model.

Technical Read:

  • CTM150529Gold: Gold tested and bounced off the 113 (GLD basis) support level on Thursday (which is bullish) but Friday’s follow through was anemic. Using the age old up-trend definition (higher highs and higher lows), we are still in the zone. This week should give us more buying off the established trading support level. The model Gold portfolio is still long.
  • S&P 500: The next trading day is in June. I am still waiting for a signal. Largecaps are rangebound.
  • $VIX (S&P volatility): I want to get the S&P signal going (public out of sample testing) and then see how VIX reacts. The train is stalled for now waiting for a S&P signal. Projection is to start posting this in late-June.

Note: Technical comments are based on interpretations of non-linear trading models, combined with chart price action.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  ©, “Nonlinear signals that matter in gold trading.”

Less Cordial Than Expected (GLD)

Model Gold Portfolios: Gold = Long  5/19, S&P 500 awaiting signal, VIX designing model.

Technical Read:

  • CTM150526Gold: The tag line refers to a quote in the movie “Braveheart” (when Wallace disrespects an opposing British commander during a parlay). The basic setup a week ago was buying weakness in a perceived uptrend. This was accomplished with a signal change on 5/19. Today’s drop was a little more than expected. However, the yellow metal has reached local support (113 GLD basis) and is now oversold on a near-term basis. Expectations are we will now pick up some buying.  The model Gold portfolio is still long.
  • S&P 500: The S&P dropped quite a bit today as well. I am still looking for an entry with the model. I am still waiting.
  • $VIX (S&P volatility): I am still working on this model for future posting. Volatility jumped as the S&P fell, this is normal for the index. Project is to start posting this in late-June.

Note: Technical comments are based on interpretations of non-linear trading models, combined with chart price action.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  ©, “Nonlinear signals that matter in gold trading.”

113 support (GLD)

Model Gold Portfolios: Gold = Long  5/19, S&P 500 awaiting signal, VIX designing model.

Technical Read:

  • CTM150521bGold: Today’s comments are similar to May 19th’s comments. Gold punched to new monthly closing highs earlier in the week (5/15 GLD basis), then fell back. We moved in with the buy signal on 5/19 as nonlinear trading analysis signals flipped to positive. Bulls have the technical edge on their side with the emergence of solid support at the 113 level. Selling today was not particularly destructive to the uptrend. The model Gold portfolio remains long.
  • S&P 500: The S&P models have been refitted with v2.0 but there was no recent entry, so we are simply waiting for a signal before posting a chart. I expect action next week.
  • $VIX (S&P volatility): I am working on this model for future posting. Volatility trading is crazy, crazy stuff. But it is worth the effort as VIX options (or options on VIX related vehicles) are studied by professionals (hedging) and amateurs (big swing anticipation) alike. I hope to set the 30-day trial up for late June.

Note: Technical comments are based on interpretations of non-linear trading models.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  ©,  “Nonlinear signals that matter in gold trading.”

Higher Prices Ahead (GLD)

Model Gold Portfolios: Gold = Enter Long  5/19, S&P 500 awaiting revisions

Technical Read:

  • CTM150519Gold: Gold fell back today but recent price action may not be as bearish as it appears first glance. During the monthly chart we are seeing the emergence of support around the 113 level (GLD basis). This basing action should limit downside potential. Especially with a backdrop of possible global political event. Nonlinear trading analysis moved positive. The model Gold portfolio is now on a buy.
  • S&P 500: The S&P models have been refitted with v2.0 but there was no recent entry, so we are simply waiting for a signal. I expect something this week or next.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  © “Nonlinear signals that matter in gold trading.”

5/13 – A Good Day to Trade Out (GLD)

Model Gold Portfolios: Gold = Exit Long 5/12, S&P 500 awaiting revisions

Technical Read:

  • CTM150514Gold: Gold moved significantly higher on 5/13, the first trading day after the CTM website issued it’s exit long signal. This was a pretty good day to exit. GLD is now up against resistance levels set in early April. Also GLD sold off the highs at the end of the day. With the yellow metal overbought,  the best move is to wait for further indications of direction and a nonlinear trading analysis inspired enty. The model Gold portfolio remains flat.
  • S&P 500: I am refitting the S&P models with the (2.0) revision, I expect to have this chart back online sometime next week. There will be another 30-day trial. If all goes well, my next project (you may want to sit down before reading further) will be largecap volatility ($VIX). I have been doing volatility related work recently. Can nonlinear trading analysis provide insight into future VIX spikes? We will be finding out.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  © “Nonlinear signals that matter in gold trading.”

A Little Lower than I Hoped (GLD)

Model Gold Portfolios: Gold = Exit Long 5/12, S&P 500 awaiting revisions

Technical Read:

  • CTM150512Gold: The yellow metal tested the 113 (GLD basis) support level several times over the last 15-days and rallied to modestly higher levels. (Putin is going to meet with Kerry, I hope the Earth does not explode when those egos are in the in the same place). However, nonlinear trading analysis has signaled to move us to neutral with today’s data. This is the first signal from the major revision (2.0). I suspect we will be getting more frequent signals going forward but we will have to see. Model Gold portfolio is now flat.
  • S&P 500: I am refitting the S&P models with the (2.0) revision, I expect to have this chart back online sometime next week. There will be another 30-day trial. If all goes well, my next project (you may want to sit down before reading further) will be largecap volatility ($VIX). I have been doing volatility related work recently. Can nonlinear trading analysis provide insight into future volatility spikes? I will be finding out.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as the bond trading signals. Currently available.

GH Garrett – Veteran Commodity Watcher for Conquer the Mummy .com “Nonlinear signals that matter in gold trading.”