ETFs, Stocks And Futures Swings Report Trading Instructions

The Weekly VC Price Momentum Indicator

Signals are automatically generated by integrating electronic weekly statistics with proprietary algorithms.

Crude Oil

WEEKLY SUMMARY

TREND MOMENTUM: 33.78 Bearish

PRICE MOMENTUM: 32.70 Bullish

PRICE INDICATOR:

EXIT LONG

2) 36.81

1) 34.83

EXIT SHORTS:

• 30.72

• 28.59

WEEKLY MOVING AVERAGES

The contract closed at 32.84 The market closing below the 9 SMA 33.78 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 32.70 it confirms that the price momentum is bearish. A close below the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 30.71 – 28.59 levels and go long on a weekly reversal stop. If long, use the 28.59 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 34.83 – 36.81 levels during the week.

ES

WEEKLY SUMMARY

TREND MOMENTUM: 1916 Bullish

PRICE MOMENTUM: 1929 Bullish

PRICE INDICATOR:

EXIT LONGS:

2) 2000

1) 1970

EXIT SHORTS:

• 1899

• 1858

WEEKLY MOVING AVERAGES

The contract closed at 1941 The market closing above the 9 SMA 1916 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 1929 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 1899 – 1858 levels and go long on a weekly reversal stop. If long, use the 1858 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1970 – 2..000 levels during the week.

Direxion Daily Gold Miners Bear 3X Shares (NYSE:DUST)

WEEKLY SUMMARY

TREND MOMENTUM: 11.31 Bearish

PRICE MOMENTUM: 4.72 Bearish

PRICE INDICATOR:

EXIT LONGS:

2) 6.34

1) 5.52

EXIT SHORTS:

• 3.91

• 3.10

WEEKLY MOVING AVERAGES

The contract closed at 4.71. The market closing below the 9 SMA 11.31 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 4.72 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 3.90 – 3.10 levels and go long on a weekly reversal stop. If long, use the 3.10 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 5.52 – 6.34 levels during the week.

SOYBEANS

WEEKLY SUMMARY

TREND MOMENTUM: 8.72 Bearish

PRICE MOMENTUM: 8.72 Bearish

PRICE INDICATOR:

EXIT LONGS:

2) 9.00

1) 8.82

EXIT SHORTS:

• 8.54

• 8.44

WEEKLY MOVING AVERAGES

The contract closed at 8.64 The market closing below the 9 SMA 8.72 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 8.72 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 8.54 – 8.44 levels and go long on a weekly reversal stop. If long, use the 8.44 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 8.82 – 9.00 levels during the week.

Direxion Daily Junior Gold Miners Bull 3X Shares (NYSE:JNUG)

WEEKLY SUMMARY

TREND MOMENTUM: 40.44 Bullish

PRICE MOMENTUM: 58.56 Bearish

PRICE INDICATOR:

EXIT LONGS:

2) 75.06

1) 62.62

EXIT SHORTS:

• 50.12

• 42.06

WEEKLY MOVING AVERAGES

The contract closed at 58.18. The market closing above the 9 SMA 40.44 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 58.56, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 50.12 – 42.06 levels and go long on a weekly reversal stop. If long, use the 42.06 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 66.62 – 75.06 levels during the week.

Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT)

WEEKLY SUMMARY

TREND MOMENTUM: 35.78 Bullish

PRICE MOMENTUM: 53.57 Bullish

PRICE INDICATOR:

EXIT LONGS:

2) 71.23

1) 61.90

EXIT SHORTS

1) 44.25

2) 35.93

WEEKLY MOVING AVERAGES

The contract closed at 52.58 The market closing above the 9 SMA 35.78 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The below VC Weekly Price Momentum Indicator of 53.58, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 44.25 – 35.93 levels and go long on a weekly reversal stop. If long, use the 35.93 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 61.90 – 71.23 levels during the week.

VelocityShares 3x Long Silver linked to S&P GSCI Silver ER Exp 14 Oct 2031 (NASDAQ:USLV)

WEEKLY SUMMARY

TREND MOMENTUM: 11.38 Bullish

PRICE MOMENTUM: 12.13 Bearish

PRICE INDICATOR:

EXIT LONGS:

2) 14.46

1) 12.93

EXIT SHORTS

1) 10.60

2) 9.80

WEEKLY MOVING AVERAGES

The contract closed at 11.41. The market closing above the 9 SMA 11.38 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 12.13, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 10.60 – 9.80 levels and go long on a weekly reversal stop. If long, use the 9.80 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 12.93 – 14.46 levels during the week.

ProShares Ultra Bloomberg Crude Oil (NYSE:UCO)

WEEKLY SUMMARY

TREND MOMENTUM: 8.70 Bearish

PRICE MOMENTUM: 6.90 Bullish

PRICE INDICATOR:

EXIT LONGS:

1) 8.71

1) 7.81

EXIT SHORTS

1) 6.00

2) 5.08

WEEKLY MOVING AVERAGES

The contract closed at 7.51. The market closing below the 9 SMA 8.70 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 7.40, it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 6.66 – 5.82 levels and go long on a weekly reversal stop. If long, use the 5.82 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 8.24 – 8.98 levels during the week.

Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed herein constitutes a solicitation of the purchase or sale of any futures or options contracts.