Rich Trend Trader's Blog

October 20, 2014

Trend Model BUY Re-Entry Signaled Issued EOD on 10/17/2014

Filed under: Trend Timing Model — Rich Trend Trader @ 9:15 am

The market valuation indicators and action during the rally off of the current market lows created a Trend Model BUY signal on 10/17/2014.  A Trend Model BUY Signal Failure would be issued if all of the Trend Model indices (RUT/SML, MID, SPX) close below the lowest low on 10/15/2014.

Market Update (12/12/2014): The market drop has issued a Buy entry signal within the current BUY Re-Entry signal.  Therefore, putting additional cash to work into the market.

DISCLAIMER: https://richtrendtrader.wordpress.com/disclaimer-on-information-presented-in-this-blog

October 14, 2014

Trend Model SELL Signal & Trend Model CASH (50% Short Positions put into CASH) Signal Issued 10/10/2014

Filed under: Trend Timing Model — Rich Trend Trader @ 7:38 pm

The trend model indices closed below the low of any of the previous 2-days from the last BUY Signal on 10/10/2014 and therefore issued a SELL signal.  However, the MID and COMPQ both closed below their previous 20-day low, lower Bollinger Band, and with 5-Day RSI < 20 on the same day issuing a Trend Model CASH (50% Short Positions put into CASH) signal.  Therefore, only 50% of capital positions are short the market.  However, expect a decent sized rally off of the oversold conditions with the potential for a BUY signal as well.

DISCLAIMER: https://richtrendtrader.wordpress.com/disclaimer-on-information-presented-in-this-blog

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