Current Model (version 4.x) positions:
- $NYXBT (Bitcoin), 10/09/18, bull trend signal. TSP will be the close of the following trading day.
Model notes: V4.x is rolling along and the current signal change for the uptrend is lower than the sell (hopefully the official TSPs will be too). I am looking forward to the recent upgrades helping us call the markets with improved accuracy.
Note: The following comments are based on using technical analysis to ‘flesh out’ our nonlinear trading signals. TSP is defined as the closing price on the day following the signal day.
Nonlinear Trading Themes:
Bull Trend Signal ($NYXBT): Prices fell after making near-term highs on Sept 4. But by mid-month prices seem to have stabilized. The models are sensing the buyers will be moving into position to make a push.
GH Garrett – Chief Market Analyst for ConquertheMummy.com © 2015-2018, “Nonlinear trading signals that matter in bitcoin trading.”