Cycle Trading

[Duma]

I have buys for C K U, but not Y. Maybe it will come today.

However, I am not buying for three reasons.
1. I got the same type of buys around Mar3 and ended up down about 2-3% for the 6 sectors that I bought into.
2. I don't trust going long after 4 good sized green bars and a 2.6% blow out on the last day (yday),
3. The 15min chart looks like it is topping out.

But on a good note, I did go long EOD 3/14 (not 13th as shown on the chart). I bought the same amount as if I was buying the sector and being up 3.3% at close, I am happy. I am actually expecting to close out the trade today. As you can see M12 is rolling over.

So my plan for sector trading is to keep track of the daily buy signals and execute them if I get a 15min buy.

I am still holding BOIL and a few shares of MSFT which is doing well, up 6.2% at the close. Too bad I didn't have more guts, but on a good note, I have done very well picking major stocks to buy. Need to get more aggressive.