Exodus Special: Fade Gold - InvestingChannel

Exodus Special: Fade Gold

I want all new members of Exodus to request live one on one demos and to attend my live chat sessions every Sunday. Very quickly, I am going to show you how to use the system to find trade ideas.

On the market grid page, where I have custom screens running, go to the lower left hand side to where it says “Overbought”. You will see this box.
Grid

Let’s click on NUGT. Since I always like to fade gold, at least in spirit, this is of great interest to me.

After clicking on NUGT, go ahead and view the OBOS tab. There you will find the overbought/sold algos running on NUGT, with thresholds and actual returns that the signals have achieved over the respective time periods.

As you can see here with the 6 mo algo, NUGT respects both the OS and the OB signals of Exodus, both displaying an impressive history of success.
12mos

And here is the 12 mo algo and track record. Needless to say, I am interested.
6mo

Now, go over to the industry page and look up gold. There are a few dozen gold stocks in it and click on “chart” to view the predictive oscillator (hybrid score) for the industry.
Gold

See how the Hybrid score has definitive ranges that have been respected over the past 12 months?

If I were to pursue this trade, I’d leg into a DUST position here or short NUGT, especially if it runs higher tomorrow. I’d close out this position, win, lose, or draw, inside of 10 trading days.

That’s just one small way how to use the software. I hope this helped explain the process a little, enough to convince you misers into investing in your business.