As tempting as it was today to choose TSLA and profit from the middle school girl drama that is Elon and DJT today, I’ll wait until the dust settles on that one to profit from it. Yes, the chart here for CME looks almost identical to the one for TW in the idea I posted yesterday. Hopefully, the outcome will be the same.
CME's performance with my algo has been stellar historically, and with a chart like this, it shouldn't be surprising. Its returns have been eerily similar as well. Overall, it has a 682-1 record with my algo (per usual, the 1 is from a signal yesterday). Average gain is 1.33% and the average holding period here is 17 days. Not quite 2x the average daily return in the market. Not huge, but very reliable.
So, long at 274.90 is the call here. Maybe FPC close, maybe not. The results above are based on FPC, however.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
CME's performance with my algo has been stellar historically, and with a chart like this, it shouldn't be surprising. Its returns have been eerily similar as well. Overall, it has a 682-1 record with my algo (per usual, the 1 is from a signal yesterday). Average gain is 1.33% and the average holding period here is 17 days. Not quite 2x the average daily return in the market. Not huge, but very reliable.
So, long at 274.90 is the call here. Maybe FPC close, maybe not. The results above are based on FPC, however.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.