alice

Bounce Vehicle #3 Sold (IDTI)

It’s got higher to go to reach the 50 day averages and is not over bought, but in keeping with the recent theme, I sold IDTI (as w/ MSCC and FARO before it) taking the 8% and am going to enjoy the weekend (when I get breaks from report writing).

idti

This leaves 2 ‘bounce longs’ left, both in the medical/healthcare area and the energy sector (evaluating whether to take partial or full profit), which is an ongoing NFTRH+ highlight for both long (investment) and short-term (trading) orientations.  I have also added a short on the Small Caps (against TNA) to go with one on SPY.  Finally, I have taken risk management steps in the precious metals, including an old fashioned concept known as profit taking.

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com. Also, you can follow via Twitter @BiiwiiNFTRH.