Combo-MF may go SHORT end of day
Nearly all of the tests necessary for the VSTpro to go SHORT are fulfilled today.
The possibility that the VSTpro goes SHORT at end of this session is very high.
If that happens, then the Combo-MF will go from CASH to SHORT.
The final condition is CLOSE being lower than the OPEN.
I will open a new long trade SQQQ just before the close if all the conditions are met.
PdP
Update for April 19, 2012
[U]Status MFs:[/U]
The VStpro model has gone SHORT yesterday
The 20DMF is still SHORT since April 13
Following my judgement the Combo-MF is now also SHORT
The PM MF is still LONG since April 10
[U]My current trades:[/U]
I am personally long SMN since March 28, long NUGT since April 10 and long SIJ since April 10
I have opened a new long trade in SQQQ yesterday just before the close
[U]Possible changes:[/U]
The primary condition for the VSTpro to go LONG again is crossing up of the MA by the S&P500.
Because we are present so near to that MA, the possibility is (for now) rather high.
If this does not happen and unless the 20DMF goes LONG (not very possible now) then the Combo-MF stays SHORT.
Even if the 20DMF goes to CASH then the Combo-MF will remain SHORT.
The important thing to watch for is a close above the MA by the S&P500.
There are other tests as well but the crossing up of the MA is significant.
[U]Disclaimer:[/U] this information is not an investment advice on what to trade next
Update for April 20, 2012
[INDENT][U]Status MFs:[/U]
The VStpro model is still SHORT since April 18
The 20DMF is still SHORT since April 13
Following my judgement the Combo-MF is SHORT
The PM MF is still LONG since April 10
[U]My current trades:[/U]
I am personally long SMN since March 28, long NUGT since April 10, long SIJ since April 10 and long SQQQ since April 19
[U]Possible changes:[/U]
The primary condition for the VSTpro to go LONG is crossing up of the MA by the S&P500.
Because we are still so near to that MA, the possibility is rather high.
If today the close of the S&P500 is above 1386.09 (= 0.67%) then this condition is met.
Although the VSTpro model has several conditions before going LONG, the crossing of the MA is significant and necessary.
If this does not happen and unless the 20DMF goes LONG then the Combo-MF stays SHORT.
Even if the 20DMF goes to CASH then the Combo-MF will remain SHORT.
[U]Disclaimer:[/U] this information is not an investment advice on what to trade next
[/INDENT]
Update for April 23, 2012
[U]Status MFs:[/U]
The VStpro model is still SHORT since April 18
The 20DMF is still SHORT since April 13
Following my judgement the Combo-MF is SHORT
The PM MF is still LONG since April 10
[U]My current trades:[/U]
I am personally long SMN since March 28, long NUGT since April 10, long SIJ since April 10 and long SQQQ since April 19
[U]Possible changes:[/U]
The primary condition for the VSTpro to go LONG is crossing up of the MA by the S&P500.
Because we are still so near to that MA, the possibility is rather high.
If today the close of the S&P500 is above 1382.98 (= 0.32%) then this condition is met.
Although the VSTpro model has several conditions before going LONG, the crossing of the MA is significant and necessary.
If this does not happen and unless the 20DMF goes LONG then the Combo-MF stays SHORT.
Even if the 20DMF goes to CASH then the Combo-MF will remain SHORT.
[U]Disclaimer:[/U] this information is not an investment advice on what to trade next
Update for April 24, 2012
[U]Status MFs:[/U]
The VStpro model is still SHORT since April 18
The 20DMF is still SHORT since April 13
Following my judgement the Combo-MF is SHORT
The PM MF is SHORT since April 23
[U]My current trades:[/U]
I am personally long SMN since March 28, long SIJ since April 10 and long SQQQ since April 19
[U]Possible changes:[/U]
The primary condition for the VSTpro to go LONG is crossing up of the MA by the S&P500.
Because we are still so near to that MA, the possibility is rather high.
If today the close of the S&P500 is above 1379.40 (= 0.90%) then this condition is met.
Although the VSTpro model has several conditions before going LONG, the crossing of the MA is significant and necessary.
If this does not happen and unless the 20DMF goes LONG then the Combo-MF stays SHORT.
Even if the 20DMF goes to CASH then the Combo-MF will remain SHORT.
[U]Disclaimer:[/U] this information is not an investment advice on what to trade next