I’m opening up the blog this month to all comers. If you’re new and just happened to come across this site, or if you’re an old subscriber and don’t recognize the charts, then please spend some time in the tutorial tab to get an understanding of how the system works.  It is a trend system designed to catch and ride swing trades.  It will take some draw downs and losses during choppy times, but has historically more than made up for these losses by catching trends.  I’ve recently changed the presentation of the signals.  Now rather than showing the ETFs with the indicators below them, I show the index ETF with the signals built into the candle colors (red doesn’t mean a down day, nor does green mean an up day – see the tutorial).

All subscribers whose subscriptions were to expire July 31 or later will have their expiration date extended 1 month.  I did this in large part because of the fear that I would be without internet coverage this week on vacation.  But, it looks like I’ll have some LIMITED coverage.  I’ve been trying for 2 hours to upload charts, and the signal isn’t strong enough to upload a single chart!  I’ll try another location on the island tomorrow afternoon.

The Internet coverage on this little island is spotty at best.  I’ve spent a good deal of time trying to pull together tonight’s update, but it’s painstakingly slow!  So, in the event it crashes, again, I’m going to post the index charts, now and the table in a bit, so check back if you’re interested in the table, I’m going to give you the basics of what it will say here.

This choppy action up from 1309 has been taking its toll on the Alphahorn System.  This is an understood short coming of a system that is designed to catch and ride long trends.  The indexes got whipped again on Friday,  let’s hope this time a new trend has finally begun.  As we knew going into the open on Friday, REal EState and Energy were on alerts and only needed to take out Thursday’s highs to confirm their respective trades.  This was accomplished at the open.

Then as we approached the end of the day on Friday, it became clear that most indexes were going to close over the black dashed line that marks the mid line of the red/green bands.  As we know this is the 3rd signal for  all indexes that had already painted a green candle on Thursday.  Therefore, this was a preemptive LONG/BUY for the indexes, at the close or shortly before.  Those who didn’t take this LONG, then the long confirmation will occur once Friday’s high is taken out.  I’m going to show the Swing System as taking this trade because I believe it is the right way to trade this set up over the long haul, even though it led to taking losses on the short trades (and ahead of what I believe will be a down Monday-perhaps 10-15 points on the SPX).  Thus, joining Real Estate and Energy, the SPX, DOW, Nasdaq, Russell, Copper, and Transports are LONG, while Gold is on a LONG Alert (it failed to close above the black dashed band mid line), and Silver remains on a SHORT for now.