#MarketTiming pure and simple — Swing Trading $FNGU

THE TRADING STRATEGY

Short-term swing trading: When the NYMO turns up, it is time to buy ETFs on the next open. When the NYMO turns down it is time to sell ETFs on the next open.

Longer-term swing trading: When the NYSI turns up it is time to buy ETFS on the next open. When the NYSI turns down, it is time to go to cash or to go short on the next open.

Almost all ETFs are set to move with the market, up or down. Best done with leverage.

Simple as that.

3/7/2022 —

Now that both the NYMO and the NYSI are on sell signals, let’s take a look at the how FNGU did during the 15 trading days the NYSI rose and the NYMO chopped.

FNGU gained 14.5% on the buy on the open of 3/17 and its sell on today’s open (see the chart on the right below). A bit disappointing since it peaked at up more than 41% before fading into today’s sell.

FNGU had five trades based on the NYMO signal during the same period (see the chart on the left below). Remember, as per the swing trading system above, whenever the NYMO turns up buy the open the next day, when it turns sell the open the next day.

On those five short-term swings, market timing by the NYMO, 80% were profitable and FNGU made a 45.2% profit.

Simple as that.