Just a simple moving average mini-system while we wait for paint to dry after the dour jobs report this Friday afternoon. Here we fade the slope of the HMA – Hull Moving Average (available as part of the DV_indis Research Service) as applied to the SDS (Pro Shares Ultrashort S&P 500).
Just food for thought, not something I’d trade as shown. It does, however, illustrate a counterpoint to the ‘common wisdom’ that one should always trade with the trend. Well, it’s all a question of the proper time frame, right?