Loading ...Spock Matrix Update
THis Low Stress Trading Universe Protocol is up 27.5 Percent since April 1 :
Posted daily at The Chartology Forum
Yesterday: Exited SJB, mainly because the returns are low and it ties up too much capital, which can be deployed elsewhere to get more bang for the buck. Similarly, the TMF (long treasuries) exit frees up capital for some good setups elsewhere, for example YANG (refer chart).
Also, yesterday bought BZQ (2X short Brazil), YANG (3 X short China), SCO (2X short oil), shorted DBC (Commodity Index) and shorted EWA (Australia).
Today: Going to have another crack at $RUT short, this time using TWM (2X short small caps).
Comment on YANG: If we get a liftoff here, its a low risk entry, as stop can be placed just below that support rail. The Wolfe wave target, if this plays out, is around 150, for a potential 80% profit. Nothing guaranteed in this game, but its worth the bet, as this is an excellent setup near the bottom of the potential bull flag in YANG.
Spock is getting more aggressive with the trades now, as you can see. Spock is on a mission!
Trade well and prosper.