Bitcoin model now on the prowl!

Current Model positions:

  • $NYXBT (Bitcoin), trend bullish, sig= 03/2, TSP=Monday’s close


Model notes: The Bitcoin model is now in place and we will be featuring it until the end of June. Bitcoin is one of the strangest markets and probably the least understood. Can nonlinear analysis shed light on this exotic trading vehicle. Exciting stuff.

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:

  • Bullish trend ($NYXBT): This market has taken some hits in the past as commercialization has bought seller into the ring. This means the market can go up or down. Nonlinear analysis is calling the trend up. The inference is that the 7000 level is a viable support area and not likely to be violated. This is our first signal for this market.


Premium Research notes:

Observation: We now have the new fee structure in place (check the “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  © 2015-2018, “Nonlinear trading signals that matter in VIX trading.”