The CMI couldn't stand the heat of the recent market action so the QLD will be sold and the QID will be bought at tomorrow's open. It would be ideal if the CMI would switch trades before these significant moves but trend-following, rather than trend leading, is how the CMI rolls.
A larger trend is the CMI's only friend.
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.
