Short-Term High Probability, Mean-Reversion Indicator – South Korea (EWY) Overbought – VIX Hits Historical Extreme

March 29, 2011

The trading day began with a small bounce higher which lasted through most of the day. During the final hour sellers finally stepped in and pushed the market lower.

Could we see lower prices ahead?

I stated the following this weekend:

There are lots of bearish signs moving into the market. Over the past week, the VIX has gone from more than 30% above its average to more than 15% below. In the past this type of volatility in volatility has been overwhelmingly bearish. If you just look at 15% both ways there are eight instances when this type of movement has occurred and only once was it bullish for the market one month later.

Furthermore, the major market indices are overbought on a short-term basis and nearing overbought on an intermediate time frame.

Couple all of the aforementioned with upcoming negative seasonality and you can quickly see where I am going. All I can say is keep selling premium and remain cautious.

I do believe we are in for quite the tumble in the months ahead. For those of you who follow the q-ratio you know that we have pushed to historic levels and that spells trouble going forward.

The good thing is, the High-Probability, Mean-Reversion strategy doesn’t care about the long-term movement of the stock market or if it moves up or down. All it cares about is taking advantage of extremes in the ETFs I follow.

The current trade is profitable and if the bears take over tomorrow we could have the best trade so far in the portfolio. So far the performance has been amazing. Soon enough I am going to have to cut-off the subscriptions so get in while there are a few spots left and please do not hesitate to email me if you have any questions or comments.

Anyway, subscribers stay tuned tomorrow for a real-time trade alert or tweet.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/28/11

I work hard to bring you my latest views, opinions and research on a daily basis. If you are a loyal reader and find my thoughts useful please show your support by joining my newsletter service. For the first time, I am offering a 30-Day Free Trial.

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, Options Portfolio, RSI, Technical Indicators ·

Short-Term High-Probability, Mean-Reversion Indicator – Gold, Oil and Natural Gas Hit Extremes

March 24, 2011

The stock market opened the day lower and toiled around negative territory in the early part of the trading session, but bounced hard during mid-day to finish in positive territory.

As a result, gold (GLD, gold miners (GDX), oil (USO) and natural gas (UNG) pushed into a short-term extreme.

Natural Gas is the one to watch here. Given that the High-Probability, Mean-Reversion Indicator has pushed into a short-term extreme and that the RSI (2) has moved above 99, it is highly plausible that a short-term reprieve is near (1-3 days).

Subscribers stay tuned.

Filed Under Crowder's Daily Market Commentary, Options Portfolio, RSI, Technical Indicators ·

Short-Term, High-Probability, Mean-Reversion Indicator

March 23, 2011

Here are the current readings for the High-Probability, Mean-Reversion Indicator.

Oh yeah, if you haven’t noticed the table is slightly different. I would love to know what you guys/girls think. Any feedback would be greatly appreciated. Also if you have any suggestions for ETFs that you would like to see on the list let me know. Just know that the bid-ask spread must be reasonable or i just isn’t worth following because an options trade would not make sense when using the strategy. Liquidity is key.

Filed Under Crowder's Daily Market Commentary ·

Strategy Continues to Outperform – Up 28.0% Since Inception

March 22, 2011

A wonderful beginning indeed.

The strategy had another successful trade marking the eighth straight winning trade since the strategy was initiated for a win ratio. The return – 28.2%.

Check out the results (trades, returns, ratios, etc.) at the following link:

High-Probability, Mean-Reversion Strategy

Obviously I am pleased with the win ratio (100%) since I initiated the High_-Probability, Mean-Reversion strategy, but I am a realist. I realize there is no holy grail in trading. One thing I do know for certain is that I have a unique, and concrete, options trading strategy that makes the world of sense to me and I trade it to make money over the long-term. Furthermore, I realize that the less I trade, the better my strategy will perform over the long run: and the long run is what matters. Hopefully, I can continue my winning ways and extend the gains going forward. Remember, this is a marathon and not a sprint.
I recently received an email from one of my loyal subscribers who stated the following:
I have been using your strategy since the free trial in December and have 7 positive trades with enough income to satisfy my expenses and much more. I am fully on-board with waiting for the trades to present themselves.

I have tried two other trades based on my own thinking and am 0-2. This stark comparison tells me that I should be using the market numbers (High-Probability, Mean-Reversion Indicator) vs. my own thoughts.

The key to my strategy is patience. Waiting for the appropriate scenario to recommend trades with a high probability of success is what makes my strategy a success.

As I have stated numerous times, patience is the key to any effective and long-term trading strategy. Opportunities are made up easier than losses. So if you let a few pass you by don’t dwell on what could have been. There will always be more opportunities around the corner. Again, this a marathon not a sprint.

I will continue to patiently wait for opportunities to arise and only trade scenarios where the probability is overwhelmingly on my side.

Couple this approach with sound risk management and you can see why I have been able to beat the major benchmarks by a substantial margin.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/21/11

Benchmark ETFs

* S&P 500 (SPY) – 54.7 (neutral)
* Dow Jones (DIA) 58.5 (neutral)
*Russell 2000 (IWM) – 66.3 (neutral)
* NASDAQ 100 (QQQQ) – 49.2 (neutral)

Sector ETFs

*Biotech (IBB) – 54.5 (neutral)
* Consumer Discretionary (XLY) – 48.3 (neutral)
* Health Care (XLV) – 49.3 (neutral)
* Financial (XLF) – 52.3 (neutral)
* Energy (XLE) – 65.7 (neutral)
* Gold Miners (GDX) – 59.7 (neutral)
* Industrial (XLI) – 62.4 (neutral)
* Materials (XLB) – 61.4 (neutral)
*Real Estate (IYR) – 61.3 (neutral)
* Retail (RTH) – 53.2 (neutral)
* Semiconductor (SMH) – 50.3 (neutral)
* United States Oil Fund (USO) – 59.4 (neutral)
* Utilities (XLU) – 39.3 (neutral)

International ETFs

* Brazil (EWZ) – 55.8 (neutral)
* China 25 (FXI) – 53.2 (neutral)
* EAFE (EFA) – 60.1 (neutral)
* South Korea (EWY) – 67.0 (neutral)

Commodity ETFs

* Gold (GLD) – 65.1 (neutral)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 32.0 (neutral)
* Small-Cap Bull 3x (TNA) – 65.1 (neutral)
*UltraLong QQQQ (QLD) – 48.7 (neutral)
* Ultra Long S&P 500 (SSO) – 56.4 (neutral)
* Ultra Short S&P 500 (SDS) – 41.2 (neutral)
* UltraShort 20+ Treasury (TBT) – 41.6 (neutral)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, Options Portfolio, RSI, Technical Indicators ·

Short-Term High-Probability, Mean-Reversion Indicator

March 18, 2011

Here are the numbers after today’s trading session. I will be back later this weekend with more info. The trade continues to look good an if we get a nice boost Monday we could reach our point of exit.

Have a great weekend and as always thank you so much for the support. I couldn’t o this without all of your kind words and continued support.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/18/11

Benchmark ETFs

* S&P 500 (SPY) – 36.5 (neutral)
* Dow Jones (DIA) 36.0 very (neutral)
*Russell 2000 (IWM) – 46.1 (neutral)
* NASDAQ 100 (QQQQ) – 25.6 (oversold)

Sector ETFs

*Biotech (IBB) – 43.5 (neutral)
* Consumer Discretionary (XLY) – 25.0 (oversold)
* Health Care (XLV) – 36.2 (neutral)
* Financial (XLF) – 47.7 (neutral)
* Energy (XLE) – 48.1 (neutral)
* Gold Miners (GDX) – 43.8 (neutral)
* Industrial (XLI) – 43.7 (neutral)
* Materials (XLB) – 46.8 (neutral)
*Real Estate (IYR) – 50.3 (neutral)
* Retail (RTH) – 28.6 (oversold)
* Semiconductor (SMH) – 31.0 (neutral)
* United States Oil Fund (USO) – 56.7 (neutral)
* Utilities (XLU) – 19.4 (very oversold)

International ETFs

* Brazil (EWZ) – 52.2 (neutral)
* China 25 (FXI) – 25.8 (oversold)
* EAFE (EFA) – 46.6 (neutral)
* South Korea (EWY) – 57.8 (neutral)

Commodity ETFs

* Gold (GLD) – 58.2 (neutral)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 51.6 (neutral)
* Small-Cap Bull 3x (TNA) – 44.5 (neutral)
*UltraLong QQQQ (QLD) – 25.3 (oversold)
* Ultra Long S&P 500 (SSO) – 40.4 (neutral)
* Ultra Short S&P 500 (SDS) – 56.7 (neutral)
* UltraShort 20+ Treasury (TBT) – 30.2 (neutral)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary ·

Short-Term High-Probability, Mean-Reversion Indicator – EFA Trade Still In Play

March 18, 2011

Today the major market indices bounced off of short-term “very oversold” extremes and pushed the them back into a short-term neutral state.

The EFA trade obviously benefited from the surge higher and is now well within reach of a nice profit, especially if the futures (which are significantly higher as I write this) hold into the open tomorrow.

Tomorrow also marks triple witching, which is when stock index options, stock index futures and stock options all expire. Some traders refer to the day as “Freaky Friday”.

Triple witching brings volatility (like we haven’t seen enough of that this week) and I expect we will see plenty of that tomorrow as everything expires and headline news continues to pour in regarding the ongoing turmoil in the Middle East and the catastrophic aftermath that has plagued Japan.

Subscribers please stay alert for emails and tweets just in case a trade is placed in the High-Probability, Mean-Reversion Options and ETF-Only Strategy.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/17/11

Benchmark ETFs

* S&P 500 (SPY) – 36.5 (neutral)
* Dow Jones (DIA) 36.4 very (neutral)
*Russell 2000 (IWM) – 25.9 (oversold)
* NASDAQ 100 (QQQQ) – 27.5 (oversold)

Sector ETFs

*Biotech (IBB) – 33.1 (neutral)
* Consumer Discretionary (XLY) – 41.6 (neutral)
* Health Care (XLV) – 36.2 (neutral)
* Financial (XLF) – 36.1 (neutral)
* Energy (XLE) – 54.0 (neutral)
* Gold Miners (GDX) – 28.3 (oversold)
* Industrial (XLI) – 41.6 (neutral)
* Materials (XLB) – 44.8 (neutral)
*Real Estate (IYR) – 39.3 (neutral)
* Retail (RTH) – 21.5 (oversold)
* Semiconductor (SMH) – 28.6 (oversold)
* United States Oil Fund (USO) – 52.4 (neutral)
* Utilities (XLU) – 21.8 (oversold)

International ETFs

* Brazil (EWZ) – 31.3 (neutral)
* China 25 (FXI) – 29.7 (oversold)
* EAFE (EFA) – 37.2 (neutral)
* South Korea (EWY) – 49.9 (neutral)

Commodity ETFs

* Gold (GLD) – 41.4 (neutral)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 72.4 (overbought)
* Small-Cap Bull 3x (TNA) – 27.1 (oversold)
*UltraLong QQQQ (QLD) – 26.4 (oversold)
* Ultra Long S&P 500 (SSO) – 35.1 (neutral)
* Ultra Short S&P 500 (SDS) – 62.9 (neutral)
* UltraShort 20+ Treasury (TBT) – 31.4 (neutral)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, RSI, Technical Indicators ·

Short-Term High-Probability, Mean-Reversion Indicator – The Trade (EFA)

March 17, 2011

Monday I placed a trade in the High-Probability, Mean-Reversion strategy. It was the first trade in several weeks.

The following day the catastrophe in Japan took another turn for the worse and the trade I had placed moved substantially lower.

Over the past few days volatility has reigned supreme as the ETF has vacillated in a wide range only to move back down near the lows of the trade at the close today.

However, now we have a very interesting set-up as the market has moved into one of the most oversold states in quite some time. EFA has a RSI (2) of 0.2. Yes, 0.2.

EFA has managed to bounce off its 200-day moving average over the past two trading sessions. Couple this with the ETF wallowing in a short-term extreme “very oversold” state and I think we could see a nice bounce over the next few sessions.

If the market opens lower or flat at the open I will be placing another trade in the portfolio, not in EFA but in another ETF that I am keeping close tabs on.

So, subscribers stay alert for emails or tweets tomorrow if that situaion does occur.

Until then I hope all of you have a wonderful night!

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/16/11

Benchmark ETFs

* S&P 500 (SPY) – 17.9 (very oversold)
* Dow Jones (DIA) 17.3 very (oversold)
*Russell 2000 (IWM) – 22.1 (oversold)
* NASDAQ 100 (QQQQ) – 14.5 (very oversold)

Sector ETFs

*Biotech (IBB) – 25.5 (oversold)
* Consumer Discretionary (XLY) – 17.3 (very oversold)
* Health Care (XLV) – 17.3 (very oversold)
* Financial (XLF) – 21.4 (oversold)
* Energy (XLE) – 27.7 (oversold)
* Gold Miners (GDX) – 19.3 (very oversold)
* Industrial (XLI) – 24.2 (oversold)
* Materials (XLB) – 25.5 (oversold)
*Real Estate (IYR) – 27.2 (oversold)
* Retail (RTH) – 21.3 (oversold)
* Semiconductor (SMH) – 13.9 (very oversold)
* United States Oil Fund (USO) – 32.7 (neutral)
* Utilities (XLU) – 19.4 (very oversold)

International ETFs

* Brazil (EWZ) – 28.3 (oversold)
* China 25 (FXI) – 23.2 (oversold)
* EAFE (EFA) – 6.5 (very oversold)
* South Korea (EWY) – 27.9 (oversold)

Commodity ETFs

* Gold (GLD) – 29.6 (oversold)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 77.7 (overbought)
* Small-Cap Bull 3x (TNA) – 21.7 (oversold)
*UltraLong QQQQ (QLD) – 14.2 (very oversold)
* Ultra Long S&P 500 (SSO) – 17.8 (very oversold)
* Ultra Short S&P 500 (SDS) – 82.1 (very overbought)
* UltraShort 20+ Treasury (TBT) – 19.9 (very oversold)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, RSI, Technical Indicators ·

Short-Term High-Probability, Mean-Reversion Indicator – Major Indices Ready for a Bounce?

March 16, 2011

I am going to keep it short and sweet tonight.

I am still very enthused with the current trade in the High-Probability, Mean-Reversion strategy. The trade is currently down a bit, but I expect to see a continuation of the push higher that occurred throughout the day today.

I also wanted to remind my subscribers to stay tuned for more updates or alerts in the coming days.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/15/11

Benchmark ETFs

* S&P 500 (SPY) – 26.9 (oversold)
* Dow Jones (DIA) 26.9 (oversold)
*Russell 2000 (IWM) – 27.3 (oversold)
* NASDAQ 100 (QQQQ) – 23.6 (oversold)

Sector ETFs

*Biotech (IBB) – 35.5 (neutral)
* Consumer Discretionary (XLY) – 29.4 (oversold)
* Health Care (XLV) – 27.0 (oversold)
* Financial (XLF) – 30.2 (neutral)
* Energy (XLE) – 36.7 (neutral)
* Gold Miners (GDX) – 26.1 (oversold)
* Industrial (XLI) – 34.2 (neutral)
* Materials (XLB) – 37.7 (neutral)
*Real Estate (IYR) – 36.4 (neutral)
* Retail (RTH) – 31.2 (neutral)
* Semiconductor (SMH) – 20.1 (oversold)
* United States Oil Fund (USO) – 25.7 (oversold)
* Utilities (XLU) –26.5 (oversold)

International ETFs

* Brazil (EWZ) – 41.1 (neutral)
* China 25 (FXI) – 36.6 (neutral)
* EAFE (EFA) – 10.3 (very oversold)
* South Korea (EWY) – 36.9 (neutral)

Commodity ETFs

* Gold (GLD) – 29.4 (oversold)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 71.6 (overbought)
* Small-Cap Bull 3x (TNA) – 27.1 (oversold)
*UltraLong QQQQ (QLD) – 23.8 (oversold)
* Ultra Long S&P 500 (SSO) – 26.9 (oversold)
* Ultra Short S&P 500 (SDS) – 72.2 (overbought)
* UltraShort 20+ Treasury (TBT) – 26.7 (oversold)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, RSI, Technical Indicators ·

Short-Term High-Probability, Mean-Reversion Indicator – It’s Finally On!

March 15, 2011

Yesterday, I mentioned that EFA had moved into a short-term oversold state and that the RSI (2) for the ETF had pushed to slightly above 5. I warned that a potential trade was near.

The catastrophic events in Japan over the weekend led to further declines today and pushed EFA into a short-term extreme with the RSI (2) hitting a low of 1.12 before coming back to close the day at 1.52.

The gap lower today will close once the EFA hits $58.84. This will most likely be my exit point if indeed EFA moves higher over the next few days. As I write this the futures are significantly lower so we will see if we get stopped out first.

Tomorrow should indeed be an interesting one.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/14/11

Benchmark ETFs

* S&P 500 (SPY) – 36.0 (neutral)
* Dow Jones (DIA) 37.1 (neutral)
*Russell 2000 (IWM) – 32.9 (neutral)
* NASDAQ 100 (QQQQ) – 33.8 (neutral)

Sector ETFs

*Biotech (IBB) – 46.4 (neutral)
* Consumer Discretionary (XLY) – 36.9 (neutral)
* Health Care (XLV) – 38.8 (neutral)
* Financial (XLF) – 38.2 (neutral)
* Energy (XLE) – 41.8 (neutral)
* Gold Miners (GDX) – 37.6 (neutral)
* Industrial (XLI) – 41.0 (neutral)
* Materials (XLB) – 37.7 (neutral)
*Real Estate (IYR) – 43.8 (neutral)
* Retail (RTH) – 39.4 (neutral)
* Semiconductor (SMH) – 26.3 (oversold)
* United States Oil Fund (USO) – 45.8 (neutral)
* Utilities (XLU) –41.5 (neutral)

International ETFs

* Brazil (EWZ) – 50.7 (neutral)
* China 25 (FXI) – 55.3 (neutral)
* EAFE (EFA) – 15.5 (very oversold)
* South Korea (EWY) – 49.4 (neutral)

Commodity ETFs

* Gold (GLD) – 55.4 (neutral)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 65.6 (neutral)
* Small-Cap Bull 3x (TNA) – 32.4 (neutral)
*UltraLong QQQQ (QLD) – 32.8 (neutral)
* Ultra Long S&P 500 (SSO) – 35.7 (neutral)
* Ultra Short S&P 500 (SDS) – 62.6 (neutral)
* UltraShort 20+ Treasury (TBT) – 40.3 (neutral)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, RSI, Technical Indicators ·

Short-Term High-Probability, Mean Reversion Indicator – EAFE (EFA) Moves In Short-Term Extreme

March 14, 2011

This past week marked the two year anniversary of the current bull market. The anniversary of the current bull market was quickly met with selling this past week as the Dow, S&P and Nasdaq lost 1.0%, 1.3% and 2.5, respectively.

Yes, the latest bull market has made it to the somewhat elusive two year mark. Only fourteen out of thirty-three bull markets have made it past two years. That isn’t an overwhelming statistic, until you start to compare the average returns of the prior two years bull runs to the current bull market. The average return for previous bull markets was 43.6 percent which is roughly half of the current 86.7 percent return of the current bull market. There have been only two bull markets that have exceeded the return of the current bull market.

In other words, only two out of thirty-three bulls markets have performed better during their two year anniversary than the current bull market. So most would probably conclude from this information that the current bull market is somewhat stretched, but when delving further into the statistics it was quickly noticed that all fourteen made it to a three year anniversary. Let’s hope the current bull market leads the same fate.

As for the technical side of things we do not have any short-term technical extremes in the market. All of major indexes are currently in a neutral state.

However, it should be noted that the S&P 500 (SPY) is getting very close to closing the gap from February first at $128.78. A move to this level over the next week would certainly put the major market benchmark into a short-term oversold state.

Several of the major indices broke through areas of strong support Friday and made a series of lower lows throughout the week. This past week also marked the first time in six months that the S&P fell below its 50-day moving average.

Next week brings options expiration which typically sides with the bulls. I do think that volatility will once again reign supreme with the VIX picking up steam for the third consecutive week. This should make selling options even more attractive.

Strategy Discussion

EAFE (EFA) moved into a short-term oversold extreme Friday. The RSI (2) is slightly above 5 so I would prefer to see a dip below that level before a trade is placed. As always, subscribers keep on the lookout for a tweet or email if indeed a trade alert does occur. So far March has left the strategy with no trades, so I am hoping that a set-up comes our way next week. However, I will not force a trade. Remember, patience pays.

If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info there as well. Just click on LIKE.

Short-Term High-Probability, Mean-Reversion Indicator – as of close 3/13/11

Benchmark ETFs

* S&P 500 (SPY) – 42.0 (neutral)
* Dow Jones (DIA) 42.3 (neutral)
*Russell 2000 (IWM) – 36.6 (neutral)
* NASDAQ 100 (QQQQ) – 37.0 (neutral)

Sector ETFs

*Biotech (IBB) – 52.9 (neutral)
* Consumer Discretionary (XLY) – 49.1 (neutral)
* Health Care (XLV) – 45.5 (neutral)
* Financial (XLF) – 45.8 (neutral)
* Energy (XLE) – 36.7 (neutral)
* Gold Miners (GDX) – 37.7 (neutral)
* Industrial (XLI) – 48.1 (neutral)
* Materials (XLB) – 39.9 (neutral)
*Real Estate (IYR) – 50.8 (neutral)
* Retail (RTH) – 52.0 (neutral)
* Semiconductor (SMH) – 27.1 (oversold)
* United States Oil Fund (USO) – 40.4 (neutral)
* Utilities (XLU) –61.0 (neutral)

International ETFs

* Brazil (EWZ) – 37.1 (neutral)
* China 25 (FXI) – 54.8 (neutral)
* EAFE (EFA) – 23.8 (oversold)
* South Korea (EWY) – 39.1 (neutral)

Commodity ETFs

* Gold (GLD) – 46.3 (neutral)

Ultra Extremes

* Small Cap Bear 3x (TZA) – 61.7 (neutral)
* Small-Cap Bull 3x (TNA) – 35.7 (neutral)
*UltraLong QQQQ (QLD) – 36.0 (neutral)
* Ultra Long S&P 500 (SSO) – 41.5 (neutral)
* Ultra Short S&P 500 (SDS) – 56.7 (neutral)
* UltraShort 20+ Treasury (TBT) – 39.6 (neutral)

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy

Filed Under Crowder's Daily Market Commentary, RSI, Technical Indicators ·