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Friday, March 29, 2024

THE MOVE TO RISK-ON AWAY FROM RISK-OFF CONTINUES

Courtesy of Technical Traders

Chris Vermeulen joins Cory Fleck to share his trading strategy for the rising US markets and consolidating precious metals trade. We also look at the falling GDX daily chart that Chris thinks is offering a near term opportunity.


Subscribers of my Active ETF Swing Trading Newsletter had our trading accounts close at a new high watermark. We not only exited the equities market as it started to roll over in February, but we profited from the sell-off in a very controlled way with TLT bonds for a 20% gain. This week we closed out SPY ETF trade taking advantage of this bounce and entered a new trade with our account is at another all-time high value.

 

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