We got the short term low, but there should still be more work to do for 13 week and 6 month cycle lows to complete. The long term uptrend remains intact. Non-subscribers click here for access.
Subscribers, click here to download the report.
As of November 7 the list was empty and I added nothing last week, so avoided the post election carnage. But we were empty-handed for yesterday’s rally. It triggered 41 short term buys. After applying long term structural and intermediate trend filters, there were 4 that were still standing. I chose 3 from that list and a 4th that also looked promising, to add to the list for this week. They were xxxx, xxxx, xxxx, and xxxx. Charts in subscriber report. Non-subscribers click here for access.
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The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.
Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk.