Our methodology required to continue scaling in UYG in spite of large draw down. The strategy seems to have succeeded. Normally we do not recommend scaling in over such a wide range, but in this case our indicators dictated extreme aggressive buying around $1.5. The staring point was a light scale in at over $6 and the residual position if any from prior profitable trade. Our average is $2.6. For some accounts this may have become an over sized position — not a preferred state. Consider trimming heavily right here at $3.10. Consider buying more on dips.
Consider TAKING SOME PROFIT ON UYG ( ULTRA FINANCIAL ETF)
This blog has been long on UYG from average price of $2.50. ZYX Change Method technical screen has turned negative. ...
As financials have moved up, consider raising sell stops on UYG.www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED ...
Consider continuing to scale out of UYG right here around $3.70. Also consider a tight stop on rest of the ...
Our methodology added UYG on pullback in the range of $2.34 to 2.55. Now the average buy price is ...
Consider scaling in aggressively to UYG (ultra financial etf ) starting right here around $5.10 and continue scaling in ...
Our indicators lead us to recommend considering to add to UYG right here in the range of $6.38www.thearorareport.com THE ARORA REPORT, ...
We scaled in UYG between $7.97 and $ 7.50. Our average is $ 7.66. At today's close of $11.03, we ...
Finally our indicators are flashing a buy signal on US financials. Our vehicle of choice is the etf UYG ...
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