Weekly VC Price Momentum Indicator: ETF’s Swing Trading Instructions

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

Direxion Daily Jr Gld Mnrs Bull 3X (NYSE:JNUG)

WEEKLY MOVING AVERAGES

The contract closed at 3.05. The market closing below the 9 day MA (5.57) is confirmation that the trend momentum is bearish. A close above the 9 MA 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 3.50 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 2.53 – 2.01 levels and go long on a weekly reversal stop. If long, use the 2.01 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 4.02 – 4.99 levels during the week.

SPDR S&P 500 Low Volatility GBP (LONDON:USLV)

WEEKLY MOVING AVERAGES

The contract closed at 21.92. The market closing below the 9 day MA (23.89) is confirmation that the trend momentum is bearish. A close above the 9 MA 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 22.19 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 20.36 – 18.81 levels and go long on a weekly reversal stop. If long, use the 18.81 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 23.75 – 25.59 levels during the week.

SPDR Gold Trust (ARCA:GLD)

WEEKLY MOVING AVERAGES

The contract closed at 114.43. The market closing below the 9 day MA (115.90) is confirmation that the trend momentum is bearish.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 115.18, 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 112.99 – 111.57 levels and go long on a weekly reversal stop. If long, use the 111.57 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 116.61 – 118.80 levels during the week.

RUT – RUSSELL 2000

WEEKLY MOVING AVERAGES

The contract closed at 1.182. The market closing above the 9 day MA (1.144) is confirmation that the trend momentum is bullish. A close below the 9 MA 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 1.174 it confirms that the price momentum is bullish. A close above the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 1.162 – 1.143 levels and go long on a weekly reversal stop. If long, use the 1.143 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.193 – 1.205 levels during the week.

UCO – Crude Oil

WEEKLY MOVING AVERAGES

The contract closed at 15.65. The market closing below the 9 day MA (21.96) is confirmation that the trend momentum is bearish. A close above the 9 MA 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 21.96 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 14.84 – 14.04 levels and go long on a weekly reversal stop. If long, use the 14.04 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 16.99 – 18.34 levels during the week.

Disclaimer: Trading Derivatives, Financial Instruments And Precious Metals Involves Significant Risk Of Loss And Is Not Suitable For Everyone. Past Performance Is Not Necessarily Indicative Of Future Results.