Some of us don’t guess for a living. There are certain truths to this world, indelible facts that correspond neatly between wanton success and failure. Having conversed with so many of you over the years, bearing witness to the folly that you call ‘asset management’ or ‘trading’, I can confidently say that you have no idea, whatsoever, what you’re doing.
Having seen the incompetence of my fellow financial advisors, first hand, for more than 18 years in the business, I felt it was incumbent upon me to assist them, for the sake of their clients. Hence, Exodus was created.
Right now, it is flagging OVERSOLD on these ETFs, all of the inverse varietal, spelling out a great doom that beckons just around the bend.
You’ve been warned.
NOTE: If any of you are members and want a live demo, email me.
If you enjoy the content at iBankCoin, please follow us on Twitter
SHOMP
I like your ZH tone as I am currently moving from one section 8 apartment to the next-“misery likes company”!
Do you ever see an index linked equity and the same short equity linked equity give signals at the same time? Why wouldn’t it give both signals? i.e. Oversold on QID and overbought on QQQ at the same time?
i would think the slipage nature of inverses…especially 2x’ers…would make them less reliable.
So fly the exodus is based on daily chart/swing trade time frame? You seam tobe a swing trader no? But your discresion seams longer timeframe.
I like your insight on market action, black boxes are a tough sell for me. But when witnessing something that works, you have to give it its props. You have definately proven right in 2016, so far.