The Weekly VC Price Momentum Indicator
ETFs, Stocks & Futures Swings Report
Trading Instructions June 2,201 7
Signals are automatically generated by integrating electronic
weekly statistics with proprietary algorithms.
WEEKLY SUMMARY
TREND MOMENTUM: 50.35 Bearish
PRICE MOMENTUM: 49.16 Bearish
PRICE INDICATOR
EXIT LONG:
S2) 54.98
S1) 52.14
EXIT SHORTS:
B1) 46.32
B2) 43.34
WEEKLY TREND MOMENTUM
The contract closed at 47.66 The market closing below the 9 SMA 49.93 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.
WEEKLY PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 48.23 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 46.17 – 44.69 levels and go long on a weekly reversal stop. If long, use the 44.69 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 49.71 – 51.77 levels during the week.
WEEKLY SUMMARY
TREND MOMENTUM: 2381 Bullish
PRICE MOMENTUM: 2427Bullish
PRICE INDICATOR
EXIT LONGS:
2) 2454
1) 2450
EXIT SHORTS:
1) 2413
2) 2390
WEEKLY TREND MOMENTUM
The contract closed at 2437. The market closing above the 9 SMA 2381 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY PRICE MOMENTUM
With the market closing above The VC Weekly Price Momentum Indicator of 2427 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 2413 – 2390 levels and go long on a weekly reversal stop. If long, use the 2390 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2450 – 2464 levels during the week.
FFMGF
WEEKLY SUMMARY
TREND MOMENTUM: 0.52 Bullish
PRICE MOMENTUM: 0.52 Bullish
PRICE INDICATOR
EXIT LONGS:
S2) 0.58
S1) 0.55
EXIT SHORTS
B1) 0.49
B2) 0.46
WEEKLY TREND MOMENTUM
The contract closed at 0.53. The market closing above the 9 SMA 0.52 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY PRICE MOMENTUM
With the market closing above The VC Weekly Price Momentum Indicator of 0.52 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 0.49 – 0.46 levels and go long on a weekly reversal stop. If long, use the 0.46 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 0.55 – 0.58 levels during the week.
MUX (TO:MUX)
WEEKLY SUMMARY
TREND MOMENTUM: 2.96 Bearish
PRICE MOMENTUM: 2.75 Bullish
PRICE INDICATOR
EXIT LONGS:
S2) 3.07
S1) 2.87
EXIT SHORTS
B1) 2.77
B2) 2.64
WEEKLY TREND MOMENTUM
The contract closed at 2.56 The market closing below the 9 SMA 2.91 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.
WEEKLY PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 2.59 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 2.53 – 2.49 levels and go long on a weekly reversal stop. If long, use the 2.49 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2.63 – 2.69 levels during the week.
JNUG (NYSE:JNUG)
WEEKLY SUMMARY
TREND MOMENTUM: 20.09 Bearish
PRICE MOMENTUM: 16.78 Bullish
PRICE INDICATOR
EXIT LONGS:
2) 18.15
1) 17.60
EXIT SHORTS:
- 16.23
- 15.41
WEEKLY TREND MOMENTUM
The contract closed at 17.05 The market closing below the 9 SMA 20.09 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend signal to neutral.
WEEKLY PRICE MOMENTUM
With the market closing above The VC Weekly Price Momentum Indicator of 16.78 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 16.23 – 15.41 levels and go long on a weekly reversal stop. If long, use the 15.41 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 17.60 – 18.15 levels during the week.
NGUT (NYSE:NUGT)
WEEKLY SUMMARY
TREND MOMENTUM: 36.46 Bearish
PRICE MOMENTUM: 34.65 Bullish
PRICE INDICATOR:
EXIT LONGS
2) 40.18
1) 37.51
EXIT SHORTS
1) 31.99
2) 29.14
WEEKLY TREND MOMENTUM
The contract closed at 33.61 The market closing below the 9 SMA 35.99 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.
WEEKLY PRICE MOMENTUM
With the market closing below The VC Weekly Price Momentum Indicator of 33.71, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 32.45 – 31.30 levels and go long on a weekly reversal stop. If long, use the 31.30 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 34.86 – 36.12 levels during the week.
USLV (NASDAQ:USLV)
WEEKLY SUMMARY
TREND MOMENTUM: 13.96 Bullish
PRICE MOMENTUM: 13.78 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 15.08
1) 14.61
EXIT SHORTS
1) 13.31
2) 12.48
WEEKLY TREND MOMENTUM
The contract closed at 14.13. The market closing above the 9 SMA 13.96 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY PRICE MOMENTUM
With the market closing above The VC Weekly Price Momentum Indicator of 13.78 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 13.31 – 12.48 levels and go long on a weekly reversal stop. If long, use the 12.48 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 14.61 – 15.08 levels during the week.
TGB (NYSE:TGB)
WEEKLY SUMMARY
TREND MOMENTUM: 1.20 Bullish
PRICE MOMENTUM: 1.27 Bearish
PRICE INDICATOR:
EXIT LONGS:
1) 1.34
1) 1.30
EXIT SHORTS
1) 1.23
2) 1.20
WEEKLY MOVING AVERAGES
The contract closed at 1.25. The market closing above the 9 SMA 1.20 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing below The VC Weekly Price Momentum Indicator of 1.27, it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 1.23 – 1.20 levels and go long on a weekly reversal stop. If long, use the 1.20 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.30 – 1.34 levels during the week.
XAU
WEEKLY SUMMARY
TREND MOMENTUM: 84.86 Bearish
PRICE MOMENTUM: 83.27 Bullish
PRICE INDICATOR:
EXIT LONGS:
1) 85.27
1) 84.24
EXIT SHORTS
1) 82.25
2) 81.27
WEEKLY MOVING AVERAGES
The contract closed at 83.22. The market closing below the 9 SMA 84.86 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.
WEEKLY MOMENTUM INDICATOR
With the market closing above The VC Weekly Price Momentum Indicator of 82.73, it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 82.25 – 81.27 levels and go long on a weekly reversal stop. If long, use the 81.27 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 84.25 – 85.27 levels during the week.
Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed herein constitutes a solicitation of the purchase or sale of any futures or options contracts. This report is for educational purposes only.