The XLF model returned to cash last trading day.
In my strategy, only Combo-MF (QQQ), XLB and XLI remain short.
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The XLF model returned to cash last trading day.
In my strategy, only Combo-MF (QQQ), XLB and XLI remain short.
No changes
The 20DMF issued intraday a buy signal that was cancelled at the close.
There is now confusion between the EOD 20DMF and the RT20DMF.
This is frustrating for me. For now, I will follow the EOF 20DMF for my strategy. This is a personal choice. I hope not a bad one...
The XLB and XLI models have a Bought Oversold signal since yesterday.
I will close the short trades and open new long trades at the open today for these models.
The distance between the close of the S&P500 and his 14SMA is very large. If there is a bounce today, the odds for a long signal for the VSTpro model are very small. Unless the 20DMF signals a Bought Oversold signal today, nothing will change for tomorrow.
The XLB and XLI models have gone to cash yesterday.
I will close the two long trades for these models at the open today.
The only trade left is the short one for the Combo-MF model.
I will hold this trade until a 20DMF buy or a VSTpro buy is triggered.
The 20DMF has a long signal since the close last Friday. This puts the Combo-MF into cash.
The distance between the close of the S&P500 and his 14SMA is big so a VSTpro buy signal is not likely. The S&P500 needs to jump more than 2.2% for this to happen.
The XLB model has now a Bought Oversold signal.
I will close my short trade for the Combo-MF model and open a new long trade for the XLB model at the open today.
[QUOTE=pdp-brugge;24164]The 20DMF has a long signal since the close last Friday. This puts the Combo-MF into cash.
The distance between the close of the S&P500 and his 14SMA is big so a VSTpro buy signal is not likely. The S&P500 needs to jump more than 2.2% for this to happen.
The XLB model has now a Bought Oversold signal.
I will close my short trade for the Combo-MF model and open a new long trade for the XLB model at the open today.[/QUOTE]
PdP,
Has the recent past made you consider changing anything in your trading strategy ?
Trev
All the XLX moels that I use in my strategy have now a Bought Oversold signal.
It will take a close of the S&P500 above 1388.42 to generate a long signal for the VSTpro.
If that happens, all my models will be long.
To answer the question from Trev: I have done a lot of research for improving my strategy but have not found anything that fundamentally improves the results based on the same VSTpro, 20DMF and XLX signals.
No changes
The VSTpro model has signaled a buy signal at the close Wednesday. This means that the Combo-MF model is now also long.
All my models are now signaling long trades.