Following yesterday’s VIXEN post these are the current results of the 3 Finger Lead, which uses momentum signals in QQQ, DIA and XLF to trigger trades in SPY. The choice of the “3 fingers” was no accident, but the result of hours of trial and error combinations and considerable backtesting. The code of the original system was disclosed in a previous post and has been refined slightly for current purposes. It is the demonstrated momentum correlation of these interwoven ETFs that makes them the ideal choice for the new Mosaic VIXEN Situations module.
As for GE…it’s really a macro-market product in a tight little package. GE’s daily volume often exceeds the Qs, there is huge open interest and tiny spreads and prop shops have whole teams focused on its movement. It’s got fundamental juice and continues to shed the drag of its financial services divisions….and the VIXEN signals have proven highly reliable. As for TLT…well….it’s TLT.
