Thursday, July 8, 2010

FTSE 250 (MIDD) Continues to Advance

On the fifth day of its advance the FTSE 250 ETF (MIDD) is experiencing some headwinds above 960. While it may struggle to maintain recent form there should be a measure of demand between 920-930 on the next move lower. Until MIDD cracks above 1,000 there isn't a whole lot of resistance to work off and trading range behaviour is again the order of the day; support at 905 (885 for the tail spike) and resistance at 1,025.

For my sample trading strategies it was a relatively even spread of trading signals across strategies; a mix of new long and confirmation entries of currently held positions. The ETF based strategies with their mix of (ultra) long/short candidates experienced some stop hits.

BSE Zignals

Long Confirmation Entry for SBI (Mumbai) at INR2317.6

Developing a Strategy

Long Confirmation Entry for C (NYSE) at $3.83
Long Unacted Entry for JPM (NYSE) at $36.71 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
Long Confirmation Entry for KO (NYSE) at $50.64

ETF Kauto Star

Long Exit at Trailing Stop for SDS (NYSE) at $35.37
Long Exit at Trailing Stop for QID (NYSE) at $19.07

ETFs Oak

Short Exit at Trailing Stop for QLD (NYSE) at $53.28

Frankfurt High Winners

New Long Target and Stop for DTE (Frankfurt) at €9.91 (EoD): Target €10.94, Stop €9.45
Long Entry for SAP (Frankfurt) at €36.49

India Oak

Short Entry for CRGR (Mumbai) at INR254.0
Short Entry for DLFL (Mumbai) at INR281.6
Short Confirmation Entry for KOTAK (Mumbai) at INR770.5
Short Exit at Trailing Stop for WRWDT (Mumbai) at INR1385.7

Irish Oak

New Short Target and Stop for CRG (ISEQ) at €16.25 (EoD): Target €13.86, Stop €16.94

My First Subscribed Strategy

Long Entry for SBUX (Nasdaq) at $23.71
Long Unacted Entry for GOOG (Nasdaq) at $439.2 (EoD): Entry signal given, but exited position on same stock too recently (11) days ago.
Long Entry for BA (NYSE) at $61.60

Relative Canada

Long Entry for BDT.UN (Toronto) at $30.21
Long Unacted Entry for BAD.UN (Toronto) at $13.33 (EoD): Entry signal given, but exited position on same stock too recently (11) days ago.
Long Confirmation Entry for PKI.UN (Toronto) at $10.57

Relative US Dividend

Long Entry for PTNR (Nasdaq) at $15.27

Tri-Indicator ETFs

Long Entry for QLD (NYSE) at $50.71
Long Unacted Entry for SSO (NYSE) at $32.27 (EoD): Entry signal given, but exited position on same stock too recently (11) days ago.
Long Entry for DDM (NYSE) at $38.40

Tri-Indicator Forex

Long Entry for CADUSD (FX) at 0.9420

Tri-Indicator Frankfurt

Long Entry for PRAF (Frankfurt) at €5.55
Frankfurt Long Entry for PUM (Frankfurt) at €215.4

Tri-Indicator Irish

Long Exit at Stop for CRG (ISEQ) at €15.84

Tri-Indicator US

Long Entry for CSCO (Nasdaq) at $21.60
Long Entry for AAPL (Nasdaq) at $251.1
Long Entry for DIS (NYSE) at $31.79
US Long Entry for HPQ (NYSE) at $43.32

UK High Winners

Long Confirmation Entry for TIK (London) at 171p
Long Unacted Entry for FDSA (London) at 1333p (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.

UK Tempest

Long Confirmation Entry for VOD (London) at 139p
Long Entry for BARC (London) at 271p

US High Winners

Long Entry for C (NYSE) at $3.83
Long Confirmation Entry for JPM (NYSE) at $36.71
Long Confirmation Entry for KO (NYSE) at $50.64

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