As per the internal rules for the Point of Sail Index, a market SELL signal occurred today, 12/23/2015, so the open LONG position will be closed at the market close tomorrow, 12/24/2015.
For more on the POS Index and the trading system, visit: POS Market Scores History Explained
Wednesday, December 23, 2015
US Economic Health Analysis Complete for November 2015
Current Summary
Updated: 12/23/2015
AS OF THE END OF THE MONTH- NOVEMBER, 2015:
BIG 4: THE US ECONOMY IS GROWING
**Caution, the Industrial Production is weak in 2015
RISK 4: FINANCIAL RISK IN THE US ECONOMY IS LOW
MASTERPHASE: THE US ECONOMY IS ADVANCING
**Caution, the Industrial Production is weak in 2015
RISK 4: FINANCIAL RISK IN THE US ECONOMY IS LOW
MASTERPHASE: THE US ECONOMY IS ADVANCING
For full report, please visit:
http://www.maintrimmercapital.com/p/us-economic-health.html
Friday, December 11, 2015
POS Signals Long Position on US Market!
As per the internal rules for the Point of Sail Index, a market BUY signal occurred yesterday, 12/10/2015, so a long position was opened at the market close today, 12/11/2015.
I noted the confusion of using only "LONG" and "CASH" to show the signals as the rules call for the trade to occur the day after the signal. Thus, I will add a third option, "SIGNAL" to show that a signal has triggered and a trade will be opened or closed at the end of the next trading day. For example, the LONG signal triggered yesterday, but the trade opened today, so yesterday shows "SIGNAL" and today shows "LONG."
For more on the POS Index and the trading system, visit: POS Market Scores History Explained
I noted the confusion of using only "LONG" and "CASH" to show the signals as the rules call for the trade to occur the day after the signal. Thus, I will add a third option, "SIGNAL" to show that a signal has triggered and a trade will be opened or closed at the end of the next trading day. For example, the LONG signal triggered yesterday, but the trade opened today, so yesterday shows "SIGNAL" and today shows "LONG."
For more on the POS Index and the trading system, visit: POS Market Scores History Explained
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