The QID trade lost a percent over the last two days and the current gain for this trade is 7.7%. No telling which way the market will move. A little sideways consolidation to relieve the oversold condition would keep the QID rolling. A bullish day or two could cut the bear run short. As of today, the CMI 2.0 is still holding tight to the QID.
Hello! Sigmund here. Just a quick word about this site. Monkey Throw Dart is an informational site for traders and investors who are looking for a trading strategy that really works. Using a unique trend-following system, originally called the Cheetum Market Indicator 1.0 (CMI 1.0) which has now morphed into a beast called the MensaMonkey, the goal is still the same: Outperform the market with double digit gains every year regardless of market direction.
