Week 48

Short term trend:










Only Nasdaq has shown some signs of recovery.

NQ System (former IMS) & ES system:

Both keep long signals.

Profunds System:

No trends this week. Last week result of Gvpix: 4.1 %

Industry leader:

Oil service

Week 47

Short term trend:

All in red. Hope this has been useful to keep you in the right side of the trend.

NQ system (former IMS system) & ES system.

As indicated in the previous post, they are both long (QQQQ & SPY). The NQ system has a drawdown of 4.3%

Profunds system.

Best trend GVPIX.

Industry leader:

XAL, airlines.

Catch up week 46

Being too busy to follow the markets properly but as you can imagine the short term trend is in the red side. Hope that has been of help to you.

You might be surprised, I am, but the NQ system is still in the long side.

I called ES V3 the new system for S&P 500, as it is based in the NQ V3. The profits are not as high as in Nasdaq but still I know many people like to trade SPY. This is the vehicle used. It might be that other vehicles are more profitable, like Mid 400, but haven´t had the time to check it.

The system was short since Sep 28 until Friday 16 (4.8% profit) when switched to long, there you have it: my two mechanical system are in the Long side now. This is the equity curve with a max drawdown of 3.4% that was also the biggest loss this year, but notice that the duration of drawdowns are rather long at least this year. The system is up 31%.

Week 45

Short term trend:


Only Nasdaq is barely in the long side:







IMS system = NQ system

Still long in the QQQQ.

Profunds System:

Best trends are Pmpix and Tepix. Results last week:







Industry Leader:

DDX, Disk Drives

IMS system = NQ system

Below you will see the results (3 last real, the rest back tested) of the current version of the system, V 3.0

As I have indicated, I've been focusing in increasing the numbers of trades balanced with the trade fees. The model considers an initial investment enough to buy 100 shares of QQQQ, from them, it reinvests all the proceeds in the next trade. Commission is fixed in $ 9.99 per trade.

The theoretical result YTD is 52.7%. If you follow all the post of the living trades we have posted, you will notice that we've had 4 versions this year (really minor tweaks) and the real result YTD is a mixture of using Profunds (Tepix) and options, around 39%. For this latest version we will be leaving as vehicle only QQQQ shares.

As you know we began this blog more that a year ago, at that moment the system was a trend follower. Looking for reducing draw downs and more trades per month (ideally 4). Slowly the system has been moving to my surprise, into a reversal system and nowadays it does not have any trend following component !.

Due to that fundamental change in the concept of the system and that I am now finishing another model to track other markets (non Nasdaq) based on the same concept, I think the most appropriate is to change the name from now on to NQ system.

So, this is the last picture of the IMS system V3, welcome NQ systemV3:

Week 44

Short term trend.

Very interesting, despite the bullish activity shown in the arrows, the indexes are still in the short side. Watch out !

IMS system:

Still long in QQQQ.

Profunds system:

The Internet sector had a nice bounce but it was much more profitable to play options than moving directly to the fund as we indicated. Best trends this week: uupix, bmpix, pmpix.

Very, very interesting our rank has been reduced in the long side, look at this and be careful !

Performance last week:

Industry leader:

Once again, result very interesting, the leader was the Paper sector (DJUSPP)

Week 43

Short term trend:



Mid last week S&P and Russel went to short followed on Friday by Nasdaq, they are still in the short side.










IMS system:

Nice swings captured by our system, yesterday we switched to long with a profit of 2.2%. Keeps long. Stay tuned as this week can have more swings.

Profunds system:

Best trend is Inpix, I will be playing this one but using options.

Signal change

IMS system:

Switching to long, in the Q's.

The previous long gave a 3.47 % profit, tomorrow will report the result of the brief short since last Thursday.

Signal change

IMS system went to short to be excuted today at opening

Week 42

Short term trend:

Despite recent down action all indexes still in long.

IMS sytem:

Remains long.

Profunds System:

Best trends this week are: uupix, bipix, pmpix, inpix.

Last week results :

Industry leader:

XAU, Gold.

Week 41

Short term trend:







all indexes in long.


IMS system:

Still long the Q's.



Profunds System:

Last week performance was:











Best trends this week: Inpix, Idpix.

Industry leader:

XAL, airlines.

Week 40

Short term trend:

In the long side.


IMS system:

Long Q's.

Profunds System:

Well, what can I say about last week performance ?




Best trends this week: Pmpix, Inpix, Uupix. Ujpix is showing a promising trend.

Industry Leader:

NWX, Networks.

Signal change

IMS system:

Long Q's.

Week 39

Short term trend:

The Fed cut pushed the trends to the long side.



IMS system:

Despite that, the market remains in extreme lectures keeping our short signal.

Profunds system:

Results of last week are:




Best trends this week: Pmpix, Uupix and Bmpix

Industry leader:

Xau, Gold.

Week 38

Short term trend:

Favouring the short side.



IMS system:

Keeps short the Q's.

Profunds System:

Last week results are:




Best trends this week: Pmpix and Enpix.


Industry leader :

RLX, Retailers

Week 37

Short term trend

Yesterday both SPY and RUT went to the short side, the Q's still hanging on.



IMS system:

It is now short in the Q's.

Profunds system:

Best trends this week Gvpix and Pmpix.

Industry leader:

XAU, Gold

The market short term trend

If you don't have the time to follow the market action day by day, it is useful to know what is the current trend in a short time frame, say 5 to 7 days.

Aiming to answer that, I have developed sort of a short term indicator that I'll be posting every Monday, hopefully.

Here the first view applied to the fte's QQQQ, SPY and Rut. As you can see the long side (green) is favored now...

Week 36

IMS system:

Switching to long in the Q's.

I will be posting this week some interesting charts about short term trends

Profunds system:

Best trend: uupix,
Last week results: Srpix -2.5% and Gvpix 0.3%

Industry leader:

RLX, Retailers

Week 35

IMS system:

Still short Q's. Expecting a switch this week.

Profunds system:

Best trends are: Srpix (keep it) and Gvpix.

Industry leader:
XAL, air lines

Signal change

IMS system:

Got short signal yesterday. Projected price today 45.73