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CGTS WEEKEND: PAINFUL CORRECTION ABOUT TO END?

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CGTS Algo Trading System

by Michael Clark

Michael Clark profile picture

Michael Clark

CGTS WEEKEND: PAINFUL CORRECTION ABOUT TO END?

Dec. 05, 2021 7:27 PM ETGrayscale Bitcoin Trust (BTC) (GBTC)

This is going to be short.

Is this a trading bottom, after all this selling?

MOMO1 is our most volatile instrument. This (above) is not a highly detailed chart, sorry. But Friday's reading is up from all time lows. UP 430 POINTS from Thursday's reading.

Historically this reversal implies a rally is coming.

What about our CROSSOVER System?

CROSSOVER TRADE still LONG. But we have been adding SHORTSELL trades this past week to try to get more BALANCE in our portfolio. Theoretically we want a 50-% balance between LONG and SHORT positions -- not random haphazard positions. All dictated by our CGTS Systems.

Monday. Good start so far -- but what is in the stars for us this week?

MJC, CGTS

Disclosure: I/we have a beneficial long position in the shares of see list either through stock ownership, options, or other derivatives.

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.

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