Pushing the Edge

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This past Friday, June 23, 2011, The Fly made the above timestamped blog post for subscribers inside The PPT. As you can see, as UCO (Ultra Long ETF for crude oil) rapidly approached historically technically oversold conditions, according to the proprietary metrics used by The PPT algorithm, the idea was to seek to profit from this potential edge by analyzing how the ETF had fared in the subsequent trading session after registering a technically oversold score.

To be sure, if you took a look at a weekly chart of the USO (not leveraged crude oIl ETF like UCO) you would see that a simple support trendline dating back to 2010 was likely telling us that crude would stop going down for now. But wouldn’t you want to know more? I know I would. I would want to know in prior instances where UCO had become oversold to this extent, how it reacted and what my average return would be going out anywhere from one to ten trading sessions. This is exactly what The PPT algorithm does for virtually EVERY SINGLE TICKER in the market.

In this case, UCO offered phenomenal average returns going out seven to ten trading sessions after a technical oversold signal, as you can see above. Last Friday, when The Fly flagged subscribers to this fact who had not already seen it themselves, UCO hit an intraday low of $37.77. Just a few sessions later today, it hit an intraday high of $42.97.

This type of quantitative analysis goes above and beyond what even the most rigorous technical and fundamental analysis can do. So, why you aren’t you a member to reap these benefits for a little as $1 per day? Click Here for More Details About Joining The PPT.