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Strategy Ideas to Work and Open Positions

 Rational /Strategy / Positions

All positions can be worked if not stopped out, positions will be added to when systematic sizing dictates, stops will be moved up and exits may be moved before targets hit when systems say emotional extreme being hit. 

Tidal Wave S-T Inverse (bear) ETFs and ETNs

The Short Term Tidal Wave system with triple trend following plus  Volaltility Dyanamis timing model for quick swings of days to weeks. Risk max at 10%  with profit percent gain better than five times the risk. In terms of approximate points 1 point risk with an 8 point profit target.

Stock Averages – on and offshore – and Sectors ETFs

11/12/2020 2:40 pm
SKF
The recent rally was out of a triangle and a terminal move. The banks and brokers are bell weather of bull and bear markets. This group was not able to confirm the new highs posted by the S&P and Nasdaq, a bearish clue, and has made a secondary peak. The background tension is high, a set up for a trend. Bear ETF S-T pop for has 1 point risk and 8 points potential.
Update Date
Action
11/12/2020 2:41 pm
The position opened at $9.56
11/12/2020 2:40 pm
Create idea for SKF (EP = $10 PT = $18 SL = $8.9 ) 
11/12/2020 1:19 pm
SDOW
Markets peak on Great NEWS. Vaccine 90% accurate, available soon. Yet, Dow could not make new highs suffered a truncated top; a failure to make new highs with the other will lead the decline into the end of the year. S-T play here for the home run go to Big Swing Product.
Update Date
Action
11/12/2020 1:19 pm
Position opened at $15.29
11/12/2020 1:19 pm
Create idea for SDOW (EP = $15.5 PT = $22 SL = $14.12 ) 
11/12/2020 1:08 pm
TECS
New Relative Strength rankings show the S&P Select Tech waning! The rotation from story stocks to value stock is hitting now, the profit-taking is setting in across the board of all the major leadership groups, presenting opportunities for bear traders. The S&P Technology Index is on a fresh Tidal wave sell supported by trend-following sell signals. Same trade the Bear ETF has a potential for an S-T pop to 17 from 12 and a risk of 1 point
Update Date
Action
11/12/2020 1:09 pm
The position opened at $11.26
11/12/2020 1:08 pm
Create idea for TECS (EP = $11.55 PT = $17 SL = $9.95 ) 

Bonds and Interest Rate Inverse (bear) ETFs

10/01/2020 9:56 am
TBT
The early signs of inflation and the inability of the Fed to lower rates in face of the massive debt. CT’s Tidal Wave systems is on a new sell signal on TLT. Its bear market ETF is a low-risk high reward situation for Contrary Thinkers.
Update Date
Action
10/01/2020 9:56 am
Position opened at $15.80
10/01/2020 9:56 am
Create idea for TBT (EP = $15.9 PT = $21 SL = $15.41 )
09/09/2020 12:05 pm
TBF
The Fed’s focus has shifted allowing higher personal income to happen without concern of inflation, The bond market will lead with higher rates inverse bond ETF 1/2 point risk for 7 points potential
Update Date
Action
09/09/2020 12:05 pm
Position opened at $15.39
09/09/2020 12:05 pm
Create idea for TBF (EP = $15.5 PT = $22.5 SL = $14.9 ) 

Precious Metals both Bull and Bear ETFs

09/10/2020 3:47 pm
GLL
Still correcting attempt at new all-time highs gold, a trading range has coiled up the gold market setting it up for a one to five days collapse of 200 points, Bear ETF risk 2 1/2 for 25
Update Date
Action
09/10/2020 3:47 pm
Position opened at $30.45
09/10/2020 3:47 pm
Create idea for GLL (EP = $30.6 PT = $55 SL = $28 ) 

Currencies (FX) Both Bull and Bear ETFs US Dollar Index and the Majors

09/09/2020 12:34 pm
UUP
Wealth preservation will focus on the dollars buying power. It is in a new secular bull market. S-T Tidal Wave is on a buy here with a risk of 1/2 points target profits of 3 1/2 points
Update Date
Action
09/09/2020 12:34 pm
Position opened at $25.20
09/09/2020 12:34 pm
Create idea for UUP (EP = $25.25 PT = $28 SL = $24.7 ) 
Big Swing Intermediate-Term Tidal Wave Low-Risk High Reward System 

Trade Plan is to find one-way trades, where dynamics favor a big move that is has a reward of 10 with a risk level that is very close near 1 point give or take a faction. This allows a few small losses if the timing is off and still making a large profit.  Waiting is key. hitting the home run, like in baseball, means a number of strikeouts so keep account size in mind as our goal is not to knock you out of the batter’s box.

11/12/2020 1:23 pm
SDOW
In the face of great news, the Dow could not close at new highs. The best case for the bulls is to take out the Sept lows, I expect more. The risk/reward is 70 points to 2 points. Inverted ETF 3 time leverage Hedge like this is not Long Term
Update Date
Action
11/12/2020 1:24 pm
Position opened at $15.29
11/12/2020 1:23 pm
Create idea for SDOW (EP = $15.55 PT = $85 SL = $14.1 ) 
11/10/2020 2:44 pm
REW
The rotation from story stocks to value stock is hitting now, the profit-taking is setting in across the board of all the major leadership groups, presenting opportunities for bear traders. The IYW – Dow Jones U.S. Technology Index is on an I-T new trend-following sell signal the Bear ETF has a 1.65 risk for a potential run to 60 for a 41 point gain.
Update Date
Action
11/10/2020 2:44 pm
Position opened at $17.53
11/10/2020 2:44 pm
Create idea for REW (EP = $18 PT = $60 SL = $16.48 ) 
11/10/2020 1:52 pm
FNGD
The Regime change in DC will break up the Fang stocks, an anti-trust basis. Even if the bull market remains, the shift from tech/fang leaders – the story stocks ” shifts to VALUE stocks. The leaders peaked on panic buying, and the I-t tidal system remains on a sell from 9/2/ and 10/19, tidal highs due again for another peak this week. The idea is to have small risk and high reward where if stopped out, the loss is so small the trader can do it multiple times and finally get in without being stopped for the big move. 85 to 95 pts for 1 point risk in three months. Will add to the winning position.
Update Date
Action
11/10/2020 1:52 pm
The position opened at $7.91
11/10/2020 1:52 pm
Create idea for FNGD (EP = $8 PT = $90 SL = $6.9 ) 

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Great and Many Thanks,

Jack F. Cahn, CMT

Contrary Thinker since 1989,
Copyright 1989-2020

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— Contrary Thinker does not assume the risk of its clients trading futures and offers no warranties expressed or implied. The opinions expressed here are my own and grounded in sources I believe to be reliable but not guaranteed.

— Pricing is subject to change without notice. My indicators and strategies can be withdrawn for private use without notice at any time.

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