Thread: Bear Cave 2 (Bull Allowed)

VXF weekly: At week 22 it remains on a sell signal and is below its 10,20,50 and 200 week MAs.

I bought some shares of VXF at Vanguard for a possible ICL..... LOL.... possible! This is still a high risk trade. I will let the market decided if I should sell or add shares based on how this DCL plays out, and "IF" the ICL is in.


Dear robo

The following order executed on 03/17/2023 at 10:35 AM, Eastern time:

Account: 0330
Transaction type: Buy
Order type: Market
Security: VANGUARD EXTENDED MARKET ETF (VXF)
Quantity: share(s)
Price:* $133.76

Cycles:

The 3/18/23 Weekend Report Preview

Stocks printed their lowest point on day 53, placing them very deep in their timing band for a DCL. Stocks formed a swing low on Tuesday, then closed above the converging 10 day MA and 200 day MA on Thursday to signal the new daily cycle. However, stocks closed back below both MA’s on Friday — raising the possibility that the DCL has not yet formed.

Stocks deliver bearish follow through to break below the day 53 low of 3808.86, that will extend the daily cycle decline. Stocks will need to close back above both the 200 day MA and the declining 10 day MA label day 53 as the DCL. Stocks will still need to close above the 50 day MA in order for any rally to be sustained. Stocks are in a daily downtrend. They will remain so unless they can close back above the upper daily cycle band.

SPX daily:

VXF daily: We shall see how this daily cycle and the ST VIX buy signal plays out. I'm also watching to see if the higher low holds. It might not..... Bear markets have some nice swings to trade, but can cause you some big losses too. When you buy early in a Bull Market the Bull saves you. When you buy early in a Bear Market, sometimes the Bear mauls your account, and goes on to make a lower high.

Gold weekly and the $2000 dollar level. We shall see if gold can close above the $2000 dollar level next week.

HUI weekly:

GDX weekly: HUI and GDX move together. Both are now testing their 200 week MAs.

Some market thoughts on Videos:

https://www.youtube.com/results?sear...game+of+trades

https://www.youtube.com/results?sear...iovaccoCapital

https://www.youtube.com/@ChartingProdigy/videos

VXF daily: Unable to move above the 200 day MA, and it's now day 3 since moving below the 10 day MA. Another whipsaw if you be using the MAs to trade.

VXF daily bottom line: It be back on a sell signal using my system.

USD daily: A DCL and a higher low? We shall see....The dollar moving higher will put additional selling pressure on some indexes.

Flat VXF in all accounts, and waiting for the next HIGH RISK trade... I continue to trade using Bear Market rules.

VXF weekly: Remains on a sell signal and remains below its 10,20,50, and 200 week MAs. A bounce or do we undercut the 122.72 low marker.... I don't know, but I will be looking for the next buy signal.

VXF weekly bottom line: MT trading signals for VXF remain on a sell signal as VXF continues its move lower.

I have NO MT positions for VXF.

Very tough to trade in a Bear Market.