Ok, now we have the most ideal UCS#2 Strategy - Channel Shorts.
These are by far my fav strategy with surprisingly high winners. Others published UCS#2 Shorts are like pre mixed dough, these are like prepared hot cakes (to me).
The idea here is to ride the wave down when it triggers an entry. (Interstingly, Industrial Sector in general had more picks when I scanned it, Dont want to publish all of them. Where does the Industrial Sector stand in the last 3, on my rating)
Strategy Snapshot
Sector Rating as of today
Note
There are quite a bit of stocks on the watchlist. So I am not posting new strategy picks until the probabilities of these stocks starts to mature.
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This is the day I was loading for the shorts for. Violent, Vicious move. Watch the ES future and its volume.
It feels good to get out profitable on most of my short. This month so far - No losing trade yet. XOP is the only one that is in the valley of death.
Good Luck EveryOne
Note
Now is the time to manage the spread on 3/4 positions. If done right, you can turn around profitable. Watching for the appropriate time to manage.
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After the Hedges - All these are moving to profit. So booking double $$.
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