With a $31.70 open, the QLD trade closed slightly over 20%. This results in a 19.2% YTD gain. This give me more incentive to jump all over the next trade signal and hold tight until it closes or reaches 20%. I am less inclined to trade without confirmation of the CMI. If there is a next QLD trade after this one I would assume it to be smaller than the next QID trade. Speculation does not matter, only following the signals is important.
Monday Market Movement – The Pre-Holiday Surge
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