August 24, 2017

Short-Term High-Probability, Mean-Reversion Indicator

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.

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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)

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Kindest,

Andy