The Weekly VC Price Momentum Indicator
ETFs, Stocks & Futures Swings Report
Trading Instructions June 23,201 7
Signals are automatically generated by integrating electronic
weekly statistics with proprietary algorithms.
WEEKLY SUMMARY
TREND MOMENTUM: 47.79 Bearish
PRICE MOMENTUM: 46.68 Bearish
PRICE INDICATOR
EXIT LONG:
S2) 46.92
S1) 45.10
EXIT SHORTS:
B1) 41.86
B2) 40.44
WEEKLY TREND MOMENTUM
The contract closed at 43.27 The market closing below the 9 SMA 47.79 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 48.84 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 41.86 - 40.44 levels and go long on a weekly reversal stop. If long, use the 40.44 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 45.10 - 46.92 levels during the week.
WEEKLY SUMMARY
TREND MOMENTUM: 2408 Bullish
PRICE MOMENTUM: 2138 Bullish
PRICE INDICATOR
EXIT LONGS:
2) 2462
1) 2449
EXIT SHORTS:
1) 2425
2) 2414
WEEKLY TREND MOMENTUM
The contract closed at 2435. The market closing above the 9 SMA 2408 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 below The VC Weekly Price Momentum Indicator of 2438 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 2425 - 2414 levels and go long on a weekly reversal stop. If long, use the 2414 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2449 - 2462 levels during the week.
FFMGF
WEEKLY SUMMARY
TREND MOMENTUM: 0.50 Bullish
PRICE MOMENTUM: 0.53 Bullish
PRICE INDICATOR
EXIT LONGS:
S2) 0.64
S1) 0.60
EXIT SHORTS
B1) 0.49
B2) 0.42
WEEKLY TREND MOMENTUM
The contract closed at 0.56. The market closing above the 9 SMA 0.50 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 0.53 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 - 0.42 levels and go long on a weekly reversal stop. If long, use the 0.42 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 0.60 - 0.64 levels during the week.
MUX (TO:MUX)
WEEKLY SUMMARY
TREND MOMENTUM: 2.75 Bullish
PRICE MOMENTUM: 2.68 Bullish
PRICE INDICATOR
EXIT LONGS:
S2) 2.93
S1) 2.84
EXIT SHORTS
B1) 2.60
B2) 2.43
WEEKLY TREND MOMENTUM
The contract closed at 2.76 The market closing above the 9 SMA 2.75 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 2.68 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bearish signal to neutral.
WEEKLY PRICE INDICATOR
Cover short on corrections at the 2.60 - 2.43 levels and go long on a weekly reversal stop. If long, use the 2.43 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2.84 - 2.93 levels during the week.
JNUG (NYSE:JNUG)
WEEKLY SUMMARY
TREND MOMENTUM: 17.24 Bullish
PRICE MOMENTUM: 18.92 Bullish
PRICE INDICATOR
EXIT LONGS:
2) 22.27
1) 21.13
EXIT SHORTS:
- 15.79
- 15.60
WEEKLY TREND MOMENTUM
The contract closed at 20.00 The market closing above the 9 SMA 17.24 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend signal to neutral.
WEEKLY PRICE MOMENTUM
With the market closing above The VC Weekly Price Momentum Indicator of 18.92 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 17.79 - 15.59 levels and go long on a weekly reversal stop. If long, use the 15.59 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 21.13 - 22.26 levels during the week.
NUGT (NYSE:NUGT)
WEEKLY SUMMARY
TREND MOMENTUM: 33.17 Bullish
PRICE MOMENTUM: 32.11 Bullish
PRICE INDICATOR:
EXIT LONGS
2) 36.75
1) 35.18
EXIT SHORTS
1) 30.54
2) 27.47
WEEKLY TREND MOMENTUM
The contract closed at 33.60 The market closing above the 9 SMA 33.17 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 32.11, 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 30.54 - 27.47 levels and go long on a weekly reversal stop. If long, use the 27.47 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 35.18 - 36.75 levels during the week.
USLV (NASDAQ:USLV)
WEEKLY SUMMARY
TREND MOMENTUM: 12.76 Bearish
PRICE MOMENTUM: 11.87 Bullish
PRICE INDICATOR:
EXIT LONGS:
2) 12.65
1) 12.35
EXIT SHORTS
1) 11.58
2) 11.09
WEEKLY TREND MOMENTUM
The contract closed at 12.06. The market closing below the 9 SMA 12.76 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 above The VC Weekly Price Momentum Indicator of 11.87 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 11.58 - 11.09 levels and go long on a weekly reversal stop. If long, use the 11.09 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 12.36 - 12.65 levels during the week.
TGB (NYSE:TGB)
WEEKLY SUMMARY
TREND MOMENTUM: 1.20 Bearish
PRICE MOMENTUM: 1.17 Bearish
PRICE INDICATOR:
EXIT LONGS:
1) 1.27
1) 1.22
EXIT SHORTS
1) 1.12
2) 1.07
WEEKLY MOVING AVERAGES
The contract closed at 1.18. The market closing below the 9 SMA 1.20 is confirmation that the trend momentum is bearish. A close above 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 1.17, 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 1.12 - 1.07 levels and go long on a weekly reversal stop. If long, use the 1.07 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.22 - 1.27 levels during the week.
SPY (NYSE:SPY)
WEEKLY SUMMARY
TREND MOMENTUM: 241.13 Bearish
PRICE MOMENTUM: 243.42 Bearish
PRICE INDICATOR:
EXIT LONGS:
1) 245.74
1) 244.44
EXIT SHORTS
1) 242.12
2) 241.10
WEEKLY MOVING AVERAGES
The contract closed at 243.13. The market closing above the 9 SMA 241.13 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 243.42, 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 242.12 - 241.10 levels and go long on a weekly reversal stop. If long, use the 241.10 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 244.44 - 246 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.