The Miners Trading System Signal

Once again, unchanged, both systems are long NUGT for a decent 4.28% advance today.

While talking about the miners, I mentioned HL as one of the better looking silver miners yesterday, today HL broke put of its short term consolidation. No matter how short or long, remember that "5 points of contact with support and resistance in the consolidation", it worked like a charm today.

Back to the trading system....

 Above are the current returns for system 1 and 2, more importantly, even though we have to expect to see "pullbacks" in the equity line, there are no lower lows in either system. System 1 is now returning 85% over a 7 month period and system 2 at 75% for the same period. Simple buy and hold of NUGT would have lost -24%

And the S&P-500's return over the same period? 6.05%

Now that's some serious outperformance!

I'll fill you in on the results of the silver miners test.