Another gap higher Thursday was met with a roller coaster that ended up selling back down in to the gap.  This gave us high-wick indecisive candles.  The SPY closed up 1.21%, the DIA up 0.87%, and the QQQ up 1.29%.  VXX was down correspondingly to 37.47 while T2122 remains in the mid-range at 64.84.  The 10-year bond yield was up to close at 0.643% and Oil (WTI) held ground, closing at $23.79/barrel.

Like watching a car wreck that’s about to happen, markets have seemed to be waiting on this morning’s jobs report.  At the same time, we know it’s going to be terrible and the bulls have long ago decided that the worst is past us. 

On the Virus front itself, the global headline numbers are 3,936,270 confirmed cases and 271,180 deaths.  Opening continues to be the lead story around the world in spite of concerning signs like a 6^th straight day of record-high cases in Russia, a record death toll in Mexico, a death toll uptick in Spain, and new outbreaks in places like South Korean nightclubs.  Among the openings were school openings in France and Norway, travel restriction easing in Hong Kong, Indonesia and Singapore. 

In the US, we have 1,292,879 confirmed cases and 76, 429 deaths.  The important US virus-related news seems to be public’s less than stellar adherence to guidelines (or even of showing civility). Several incidents of shootings and physical attacks on people trying to enforce guidelines have made news and there has been a mass disregard for distancing or mask usage in many parts of the country.  This comes as more crowded venues (like factories, malls, etc.) open every day.  This just points to how hard it will be to control spread or lock down again if needed to contain the spread.

Overnight, Asian markets were all in the green. In Europe, the same is true with the exception of Russia so far today.  As of 7:45 am, US futures are pointing to a one percent gap higher at the open as traders seems to be expecting no bad shock from the jobs number. 

The major economic news for Friday includes Apr Avg. Hourly Earnings, Apr Nonfarm Payrolls, Apr Participation Rate, and Apr Unemployment Rate (all at 8:30 am).  The earnings are limited to ATH, AXL, BLMN, BR, EXC, GLP, IEP, KIM, LEA, NBL, PBF, PNW, PPL, SABR, TEN, VTR, and XRAY all before the open.

The bulls seem to have decided the worst is behind us.  However, they are running low on follow-through steam lately.  Fortunately for them, the bears have no energy either.  The payroll report and more importantly market reaction will call the tune today.  Just remember that volatility remains a constant companion for traders.  So, all we can do is focus on the short-term chart in front of us.  Remain cautious about longer-term swing trades, unless you can take some short-term pain. Finally, remember it’s payday..take profits where and when you can.   

Ed

Trade Ideas for your consideration and watchlist today: no trade ideas for Friday. Trade smart, take profits along the way and trade your plan. Also, don’t forget to check for upcoming earnings. Finally, remember that the stocks/etfs we mention and talk about in the trading room are not recommendations to buy or sell.

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Hit and Run Candlesticks / Road To Wealth Youtube videos

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

After another gap-up open, there was a struggle for control as markets rode the rollercoaster for an hour.  However, after 11am the bears were firmly in control the rest of the day.  Another late-afternoon selloff led to closing on the lows as the SPY lost 0.68% on a Bearish Engulfing candle, the DIA lost 0.81% on a big black candle, and the QQQ managed to gain 0.62% on a Doji-like candle.  The VXX gained slightly to close at 39.21 and T2122 remains in the mid-range.  The 10-year bond yield rose to 0.708% and Oil (WTI) finished slightly down at $24.15/barrel.

The big story pre-market was ADP Payrolls reported down over 20 million jobs for April.  However, this number still was not as bad as estimates or even just the total of the most recent 4 weeks of new Unemployment Claims.  So, I don’t know how much read-through this might give for Friday’s official April number.  During the day, Oil reflected the recent rally with some profit-taking and at the same time, US production cuts showed as oil inventories came in much lower than expected.

On the Virus front itself, the global headline numbers are 3,843,204 confirmed cases and 265,657 deaths.  In Europe, Russia continues to report record daily new cases.  At the same time, the Mayor of Moscow took his life in his hands when he said he believes the true number of cases in his city is at least 3 times the official number.  In the UK, the Bank of England said the UK economy may shrink 14% in 2020.  Germany also reported an uptick in cases as PM Merkel announced “Emergency Brake” plans in case the spread grows too much post easing.   

In the US, we have 1,263,243 confirmed cases and 74,809 deaths.  Wednesday the President reversed himself again, saying the coronavirus task force will remain in place indefinitely, but again said they now are focused on vaccine development.  At the same time, Trump’s rhetoric on China continues to escalate and the trade leaders of the two countries will be meeting again.

Overnight, China reported April Exports rose 3.5% (expectation was a 15.7% decline).  Still, Asian markets were mixed and did not show as many big moves as typical of the last few months.  In Europe, markets are green across the board so far today.  However, they too are not giving huge moves, but instead steady climb so far.  As of 7:30 am, US futures are pointing to a one percent gap higher at the open. 

The major economic news for Thursday is limited to Weekly Initial Jobless Claims and Q1 Nonfarm Productivity (both at 8:30 am) and a Fed speaker (4 pm).  However, on the earnings front, AAN, AAWW, ABC, AES, AMRK, BCE, BDX, BGG, BHC, BLL, BMY, BUD, CBRE, CFX, CLMT, CNP, CNQ, CRL, CTB, CTVA, DHR, DISH, ENB, ES, FIS, FOLD, GCI, HES, HFC, HII, HLT, IRM, IT, JBLU, MT, NRG, PENN, PWR, RLGY, RTX, TEVA, VIAC, and XEL all report before the open.

The bulls ran out of steam yesterday.  However, the bears are not exactly “killing it” either.  It’s as if the market were waiting on Friday’s payroll report, expecting it to be some sort of surprise.  Regardless, we may see a new lower-low Thursday as that is the direction of drift now.  Volatility remains a constant companion for traders.  So, all we can do is focus on the chart in front of us.  Continue to be cautious about longer swing trades, unless you can take some short-term pain.  

Ed

Trade Ideas for your consideration and watchlist today: CGBD, RYAM, ALGN, NKE, FFIV, FMC, BWA, JAZZ. Trade smart, take profits along the way and trade your plan. Also, don’t forget to check for upcoming earnings. Finally, remember that the stocks/etfs we mention and talk about in the trading room are not recommendations to buy or sell.

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Hit and Run Candlesticks / Road To Wealth Youtube videos

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Tuesday was a struggle between the bulls and bears.  Markets gapped a bit over 1% higher at the open.  After a morning follow-through for another percent, the bulls ran out of steam.  Markets ground sideways until 3pm, when a strong selloff drove us back down to the gap at day-end.  As a result, all 3 major indices printed high-wick candles that are at best indecisive.  The QQQ and DIA look more bearish in flavor.  On the day the DIA gains 0.58%, the SPY 0.92%, and the QQQ 1.13%. VXX fell back to 38.67, while the 10-year bond yield rose to 0.662%.  Oil (WTI) continued its recent tear rising another 23% (5 consecutive days of strong gains) to close at $25.12/barrel.

During the day, US Household Debt was reported at $14.3 trillion.  This was another record high, up 1.1% in Q1 on a 23^rd straight quarter of increased borrowing.  The debt remains just shy of the 2007 record (inflation-adjusted) $15 trillion.  This increase came in-spite of creditors tightening standards in Q1 and most of the quarter coming before virus economic damage was significant.  Fed Vice Chair Clarida also said more help may be needed, but his baseline forecast is that economic growth will begin again in Q3.  However, he also said he expects the downturn to continue through Q2.  It is possible that this view of Q2 (CNBC interview) helped spark the selloff at 3pm Tuesday.

After the close, the President confirmed he’ll disband the coronavirus task force, maybe as soon as month-end.  He said the US economy must open, even if more Americans get sick or die, which he also said was inevitable.  So, he’ll be replacing the virus task force with one focused on economic growth.  Clearly, he assumes the infection increases will not be economically crippling and losses will be acceptable. 

In an unrelated story, a Los Alamos National Lab report raised concerns over future treatment and vaccines.  The report said there are now 14 strains of COVID-19. The primary strain in the US (and world) came from a mutation in Europe.  Two parts of this are concerning.  First, the now dominant strain seems more contagious than the two strains that China sequenced and reported in late January.  Second, any mutations are likely to impact the efficacy of treatments or vaccines that were based on the original genetic sequence.

On the Virus front itself, the global headline numbers are 3,747,400 confirmed cases and 258,973 deaths.  In Europe, only 5 countries are still not reporting declines in the new case rate and of those, only Bulgaria is reporting an increasing rate.  This lends more credence to European reopening timelines.  Still, the EU reported that it expects its economy to shrink 7.5% for the year (down from a February forecast of +1.4%).

In the US, we have 1,238,083 confirmed cases and 72,285 deaths.  Signs show that the economy is picking back up again as Weekly mortgage applications rose for the third straight week, up 7% week-on-week.  WEN made a couple of stories. It reported same-store sales rebounded hard as customers come back in droves.  However, they also reported that 18% of their stores have run out of beef.  It is worth noting that COST and KR both implemented meat rationing for their customers in the last few days. 

Overnight, Asian markets were mixed.  In Europe, markets are mixed, but leaning more to the green side so far today.  As of 7:45 am, US futures are pointing to a three-quarters of a percent gap higher at the open. 

The major economic news for Wednesday is limited to ADP Nonfarm Employment (8:15 am) and Oil Inventories (10:30 am).  However, AEP, ALXN, AXTA, BG, BWA, CDW, CVS, CNHI, DISCA, DISCK, FLIR, FMS, FTS, GM, GOLD, GPC, KKR, MEET, MFC, NI, ODP, OMI, PAG, SMG, SPR, TMUS, VMC, WM, and ZTS are among those who report before the open.

As said yesterday, the bulls and bears are still struggling.  So, volatility and gaps will remain the standard.  However, in the short-term it appears the bulls want to take us back up to at least retest resistance above.  All we can do is focus on the chart in front of us.  Continue to be cautious about longer swing trades, unless you can take some short-term pain.  

Ed

Trade Ideas for your consideration and watchlist today: CVE, ABBV, PAGS, ABT, LMT, SNAP, EBAY. Trade smart, take profits along the way and trade your plan. Also, don’t forget to check for upcoming earnings. Finally, remember that the stocks/etfs we mention and talk about in the trading room are not recommendations to buy or sell.

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Hit and Run Candlesticks / Road To Wealth Youtube videos

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Monday saw a gap down of about 0.8% in the major indices.  However, shortly after this the bulls started a slow climb back into the game.  The day ended just on the green side of break-even in the large-caps while the tech-heavy QQQs led the way.  For the day, the SPY was up 0.28%, the DIA up 0.06%, and the QQQ was up 1.17%.  The QQQ also managed to print a bullish engulfing candle. At the same time, the VXX was down slightly to 40.26 and T2122 (4-week High Low Ratio) fell to exactly the mid-point between overbought and oversold territory at 50.  The 10-year bond yield was flat, technically closing down to 0.63 and Oil (WTI) continued its rally up over 7% to $21.18/barrel.

During the day the Treasury Dept. announced it will be borrowing $3 Trillion (bond sales) this quarter.  However, except for the exact number, this was expected due to the massive stimulus and relief packages already signed into law.  Meanwhile, the FDA said it will start to crack down on COVID-19 antibody tests.  In the panic to get tests to the public, over 250 antibody tests were taken to the market.  However, it has been reported that many of them give over 50% “false positives” (more than half the people who are told they have antibodies turn out not to have them).  This crackdown should start in the next 10 days and may well impact a number of medical sector tickers.

After the close, HTZ announced it has retained an advisor for help with bankruptcy proceedings.  LB also announced it had ended its deal to sell the Victoria’s Secret brand to a private equity firm.  Meanwhile, in supply chain news, earlier in the day TSN again warned of potential meat shortages despite an Executive Order forcing plants to remain open.  They cited US hog processing capacity having been cut in half.  After the close, SHAK confirmed by reporting they’ve seen significantly higher beef costs and expect the price hikes to continue.

On the Virus front itself, the global headline numbers are 3,663,961 confirmed cases and 252,758 deaths.  Reopening continues throughout Europe with mixed results.  While crowds waited on department stores to open in Austria, many Italian retail businesses said it wasn’t worth the effort to open shop since no customers showed up.  Germany reports a similar story as Italy on retail, but its manufacturing sector seems to be well on its way back to capacity.

In the US, we have 1,213,010 confirmed cases and 69,925 deaths.  A CDC report (marked with HHS and Homeland Security Dept. seals and dated May 1st) was leaked Monday.  The document said it expects to see virus spread and deaths accelerate by June with the mid-point of several forecasts being 200,000 new cases and 2,500 deaths per day.  The White House disclaimed the report saying it didn’t reflect any modeling done by the task force itself.  (For reference, the US now sees about 25,000 new cases and 1,200 deaths per day.)  Meanwhile, SBUX reports 85% of its stores nationwide will be open by Friday.  So, US reopening continues and at least we can get coffee while we argue over forecasts.

Asian markets of questionable value today.  China, Japan, and South Korea were all off for a market holiday Tuesday.  In Europe, markets are in the green across the board at this point in the day.  As of 7:30 am, US futures are pointing to a three-quarters to one-percent gap higher at the open. 

The major economic news for Tuesday includes Mar. Import/Exports (8:30 am), Apr. Services PMI (9:45 am), and Apr. ISM Non-Mfg. PMI (10 am).  Earnings before the open include D, FCAU, NEM, ITW, DD, SYY, INCY, MPC, REGN, SPG, TDG, AME, XYL, MLM, VTR, WRK, HSIC, AOS, IPGP, SEE, ALK, KEX, ACM, WRK, ADNT, USFD, ARMK, LDOS, HSIC, AGCO, W, INGR, TRI, TA, and AME.

The very recent pullback remains in place, but the bulls were in control all day (after the open) yesterday.  Volatility and gaps remain the standard.  However, it appears the bulls want to take us back up to at least retest resistance above after Monday’s bounce.  Focus on the chart in front of you.  Continue to be cautious about longer swing trades, unless you can take some short-term pain. 

Ed

Trade Ideas for your consideration and watchlist today: VLO, PNR, COP, ADP, TECK, PH, NXPI, GNTX, EMR, SIRI. Trade smart, take profits along the way and trade your plan. Also, don’t forget to check for upcoming earnings. Finally, remember that the stocks/etfs we mention and talk about in the trading room are not recommendations to buy or sell.

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Hit and Run Candlesticks / Road To Wealth Youtube videos

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

As we turned the page to a new month, Friday turned a positive week negative.  Bad earnings news from AAPL and AMZN, and post-April profit-taking led to a 1.75% gap-down.  Then, after a late-morning selloff, markets spent the afternoon just grinding sideways near the lows.  For the day the SPY was down 2.74%, the DIA down 2.44%, and the QQQ down 2.82%.  The VXX rose on this performance to close at 41.19.  The 10-year bond yields fell slightly to 0.618% and Oil (WTI) rose again to get back to $19.69/barrel.

The big weekend news was that Berkshire lost $50 billion (largest ever) in the last quarter.  It sold its entire stake in 4 airlines at a big loss to get out of that industry altogether.  We also learned they had not bought the recent bottom.  In fact, Warren Buffett said “We’ve not bought anything because we don’t see anything that attractive (to buy).”  So, BRKB is still amassing cash and now has $137 billion of cash on hand. 

In other weekend news, Larry Kudlow (Chair NEC) told reporters on Sunday that the White House hasn’t yet made a decision on a third round of PPP, but said it may be needed.  In the meantime, he was promoting the administration’s ideas of a payroll-tax holiday as well as going back to 100%-deductibility for business meals and entertainment.

On the other side of the easing argument, Bloomberg reports economists are just starting to worry that ultra-loose monetary and fiscal policy may cause inflation.  In particular, economists at the Bank of England, International Monetary Fund, and some of the large banks are worried that pressure to keep easing in place will cause runaway inflation.  Concerns aren’t major at this point, but it points to the fine line the Fed must walk now that Congress and the Administration are in a “buy our way out of this” mode. 

On the Virus front itself, the global headline numbers are 3,584,116 confirmed cases and 248,641 deaths.  Russia has recorded 3 consecutive days of a record-high number of new cases (now well over 10,000 new cases per day).  However, the biggest international virus story seems to be the rise in the rhetoric of blaming China for the pandemic and “holding them accountable.” Of course, China responded with its own propaganda about the US.  In and of itself this is not important, but the war of words does raise the specter of another round in the trade war, particularly in an election year, which the global economy may not be in as good a position to handle as it was last year.

In the US, we have breached the million-case mark, with 1,188,826 confirmed cases and 68,606 deaths.  31 states had some easing or reopening as of the weekend.  Of those, only 17 have actually achieved the 14-day new case rate reduction that was recommended by administration guidelines.  Activity and hope are increasing.  Only time will tell if it was too soon or false hope.  However, it’s the course our leaders chose and all the rest of us can do is embrace it as cautiously as possible.

Overnight, Asian markets were mixed after a 3-day weekend.  Japan, Hong Kong, South Korea, and India were down sharply.  However, China, Australian, and smaller countries like Thailand were well in the green.  In Europe, markets are deeply in the red after their own 3-day weekend.  The FTSE is only off a third of a percent, but the set seem to be down over 2% at this point in the day.  As of 7:30 am, US futures are pointing to a half to one-percent gap lower at the open.

The uptrend was broken Friday on the first consecutive down day in over a week.  Still, there is potential support not far below and the Bulls have clearly been focusing on the good (and hope) and ignoring the bad news during the last 5+ weeks.  Volatility and gaps remain the norm.  We can also expect bad economic news to continue. 

So, all traders can do is focus on the chart in front of us.  However, in such uncertainty and somewhat unexplained strong rebound, we either need to be fast (day trade) or slow (longer-term holds).  Be very cautious about swing trades, unless you can handle significant short-term pain. 

Ed

No Trade Ideas for today. Trade smart, take profits along the way and trade your plan. Also, don’t forget to check for upcoming earnings. Finally, remember that the stocks/etfs we mention and talk about in the trading room are not recommendations to buy or sell.

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Hit and Run Candlesticks / Road To Wealth Youtube videos

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service