Exodus Nailed the Top in the Shippers

Pardon me as I extoll the virtues of Exodus on a slow Friday afternoon. After all, if I don’t do it, no one else will. I want to show you one of my favorite tools in the platform, which is the sector oscillator — which is a market timing mechanism designed to provide visuals of how oversold or overbought a sector is, using our algorithms. It’s worth noting, the chart I am about to show doesn’t only include technicals, but also fundamentals — which is hugely important especially during large market moves. When something goes up to much, fundies sink and vice versa.

Take a look at how the oscillator red flagged the shippers, to the exact day prior to a calamitous decline.

Now if you were long the sector or thinking about owning it due to the momentum, would this chart give you pause if you saw it? Damn right it would. We do this for over 200 individual sectors — using the same algorithms that has produced a win rate for timing market bottoms at an amazing 79% clip since 2009.

NOTE: We’re doing a live demo for the software now.