As the first phase for the migration of all out TOP40 timing and Market Breadth models from weekly JBAR reports to live, real-time charts, we are pleased to launch the new EXITS tab for PowerStocks subscribers:
This section provides on a single chart, real-time live exit signals (trailing stops) for 5 of our main (and most popular) SA-TOP40 Mechanical Trading Models, namely SINCERITY TRADER, MCLELLAN TRADER, HEDGETRADER and TURTLE TRADERS S1 and S2. In addition it tracks in real time the exit signals for the BIGMAC long-term investment macro timing model. Currently, all these models are long on the market.
The chart shows the J203 ALSH Index in relation to all the relevant trailing stops. The right-most candle on the chart represents the current day and is updated in 15 minute intervals.
All these trading strategies have end-of-day (EOD) exit signals meaning the closing price of the J203 ALSH Index must be below the respective trailing stop to initiate a SELL signal for the respective timing model. To see 15 year and 3-year performance reports on all our SATOP40 timing models, please refer to http://powerstocks.co.za/tradingtables.php
Over the course of the next months we will be rolling out real-time live charts for the Correction Guage Trough System, TroughFinder-III, Zweig Lazyboy and the Turtle Traders S1 and S2. These charts will have the BUY signal automated within them as well as represent shading when we are long and show the trailing stops, just as we have in the current weekly JBAR report.