Trendfinder Trading Systems

Concerns about economic impacts of the coronavirus increased volatility at the end of the month. The daytrading systems took advantage of this volatility.

The daytrade systems did well in the volatility this week, especially Bandwagon ES. The swing systems did not, although there was one winner.

Three intraday systems had profitable short trades today. SimpleSwing2 RTY (Russell 2000) was stopped out of a long trade.

Spring ES and Lion II Vol had a short trade today. MeanSwing3 ES exited a long trade.

The short (bearish) day trades were hurt and the long (bullish) swing trades were helped by the the World Health Organization (WHO) today. The WHO declared the coronavirus outbreak a public health emergency of international concern. Interestingly, the markets took this as a very bullish development and the market shot up. This seems odd, but the reason is that in many past cases where the WHO declared a virus an international emergency, it market a turning point in the spread of the virus and the economic impact. We shall see if this was the correct reaction for the market to make.

Trendfinder’s emini futures trading systems did not have any closed trades today.

Bandwagon ES and Cheetah Vol each had a long trade today.

Three swing systems were stopped out of long trades in today’s selloff.

Trendfinder’s emini futures trading systems did not have any closed trades this week.

Volatility rose today with increased concerns about the spread of a deadly coronavirus. If volatility continues to rise then the daytrading systems will be active again.

Trendfinder’s emini futures trading systems did not have any closed trades today.

Trendfinder’s emini futures trading systems did not have any closed trades today.