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CGTS MONDAY: HITTING TURBULENCE IN THE LAST HOUR

Jul. 14, 2020 12:43 AM ET2 Comments
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Summary

  • WHAT DOES IT MEAN FOR THE BULL RALLY?

CGTS Algo Trading System

byMichael Clark

LatestGetting Started

CGTS MONDAY: HITTING TURBULENCE IN THE LAST HOUR

Jul. 14, 2020 12:38 AM ET•Comment!

SURPRISE TURBULENCE encountered at the end of trading today. What does it mean?  Today was largely negative for our trading system.

We have to show you at least one BUY SIGNAL today, ULTIMA-EXCAL System. MOMO is being bent up, like a wet twig.

We closed our LONG position in OOMA because C1=2 and EXCAL=1 are a SELL SIGNAL.

MRNA is also a BUY in our TRIANGLE TRADE SYSTEM, as is ENPH, which also had an OUTSIDE DAY, like NDX. Meaning it made a higher high and a lower low today, vis-a-vis yesterday.

You read a LOT about TaaS. The anti-Americans (American and others) love to hate the US Dollar. When the Dollar Reign ends (they reason), the world will be better; America will be dethroned; justice will return to the Earth. They don't seem to understand or realize that there are MANY tyrants waiting in line to take over. Empires fill voids. Migration of peoples, of animals, of plants and of minerals (continents) is THE RULE OF NATURE, and NOT contrary to the rule. Invasions happen all the time; and will NEVER stop. Pretending that invasions are NOT the rule leads one to silly idealistic assumptions about nature and about human nature. (Types of) tyranny will never end on earth; qualities of tyranny will define rules and rulers, not an absence of tyranny. Nature abhors the vacuum.

Anyway the Dollar's demise and America's demise is greatly exaggerate by so many of those choosing to live in darkness.

The MONTHLY DOLLAR CHART does not show a demise that is imminent.

Why did we begin talking about the US Dollar -- oh, yes, TaaS.

From YAHOO:

About TaaS

Start Date: 2017-03-30
Network H/S: -
Twitter: @TaaSfund
Website: -
Coin Type: -
Block RR.: -
Block No.: -
Block Reward: -

Description

TaaS (TAAS) is a cryptocurrency token and operates on the Ethereum platform. TaaS has a current supply of 8,146,000.779. The last known price of TaaS is $0.489392 USD and is down -5.07% over the last 24 hours. It is currently trading on 2 active market(S) with $1,231.89 traded over the last 24 hours. More information can be found at TaaS

We reconfigured our COUNT1 CHANGES to show only changes to C1=1, to BULLISH, or to C1=3, to BEARISH. TaaS showed up on this list. It does not really look that good, in fact.

A lot of people like this replacement for the Dollar.

I am trying to get my taxes done. I do my own taxes; and put them off until the last moment, out of distaste for the task. My reports for the next couple of days will be rather skeletal.

Short report today and maybe tomorrow. Wish me luck with my taxes.

MJC, CGTS

No portfolios today

RP: will be posted later when the calcs are finished.

'Anti-science saga'? NBC contributor who documented harrowing battle with Covid-19 NEVER had the virus

Dr. Fair battled COVID nightly with harrowing reports -- but NEVER tested positive for COVID. Something funny here.

PREMARKET

Disclosure: I am/we are long GBTC, SOLO, WKHS, ACB. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Analyst's Disclosure: I am/we are long GBTC, WKHS, SOLO, ACB.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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