Is one of the industries that jumped to positive this past Monday.
I used an indicator without smoothness for this chart, although
it produces more trades and some whipsawing the results are positive if you
trade with consistency.
I used the KIE etf, Let’s see the numbers:
From close to close:
Jan 28 – 30.08 short
Jan 30 – 30.12 cover and long: Loss -0.13%
Feb 4 – 30.77 sell and short: Gain +2.12%
Feb 5 – 30.82 -cover and long: Loss -0.16%
Feb 6 – 30.83 – sell and short: 0.00%
Feb 11 – 30.75 cover and long: Gain +0.01
Net: 1.84% (2 profitable 2 loser trades), 13 trading days
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