V3.0 switches sides. Oh oh, bear trend!

Current Model (version 3.0) positions:

  • $NYXBT (Bitcoin), signals bear trend, July 16, TSP= Tuesday’s close.

Model notes: V3.0 pushes the bear button against near-term resistance. System is behaving well.

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 models are selling into near-term resistance. This make technical sense as the general trend over the last 5-6 weeks has been generally down. Here we go!

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.”