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Up Segment in Up Trend Approaching The End

4/10/2019

1 Comment

 
The current Up Segment in the Up Trend that started on 3/27/18 is approaching the end.  

Our key short-term indicators have turned bearish.  Therefore we have to exit, even though there is a chance that TNA and TQQQ might continue a bit higher.

In any event, we personally like walking away from every trade with money in our pocket, be it large or small. 

See our trading record here.

If you still are still holding TNA, TQQQ, SPY, IWM, or QQQ, consider taking partial profit, and tightening your stops.   As the Up Segment in the Up Trend approaches the end, things get unpredictable.  And it's never fun to wake up and discover your positions have gapped down hugely.

The long-term signals remain the same as what we discussed in our last email to you.

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1 Comment
Richard
4/11/2019 04:43:41 am

Great work! Keep it up. Your very thoughtful anaylysis helps us.

Richard

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