POS 2nd Long Signal of 2016 is Successful

The POS signaled to close the LONG trade from May, 20th, selling at the close on May, 27th. The hypothetical results of the trade for trading UPRO are a return of 6.9%. If one traded SPY, the return would be about 2.3%.

This successful trade erased the small loss from the prior trade signal, putting the system into positive territory for the year.