Cycle Trading: Buy Signal Strengthens

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The FAS Buy/Sell Indicator trades on Direxion Daily Financial Bull 3x ETF (FAS).
This is proprietary system that generates buy or sell signals.
It delivered a buy signal back on 12/24/18. (see the example below)

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Crossovers on the TSI generate buy or sell signals.
Crossovers on the Williams % R -80, -50 or the -20 line also generate buy or sell signals.

Generally speaking:

  • If the signal is trending higher, it is a sell signal 

  • If the signal is trending lower, it is a buy signal

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The current signal indicates a strengthening of the buy signal.
Based on the current stop this trade is up 18.66%

Below is the track record of this indicator for the past 3 years.

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