My Timer Trac signal negated a long on the gold stocks on the long term LT GDX/XAU and ST GDX/XAU today, but covers the short position on open for the ST. We are in cash for gold stocks because of the overbought level on the daily and sell signal on the 4 hour. My thinking is we see an important low between Nov 13 and 17 there and I am content to wait for now for the expected large rally into the third week of Dec based on the 8 year cycle and seasonal factors.
My Timer Trac signal for the stock market index fund is covering shorts initiated early on Oct 29 (too soon, my goof) for both the LT and ST models and will close out for an expected profit on the RYDEX AM NAV trade portal at 10:30 EST Friday Nov 7. We have initiated a long at the RYDEX AM portal today for both the ST and LT models for an expected rally into perhaps Nov 11 next week.
The stock market 13 week cycle top is due late Nov 10. The 4 day cycle looks for Monday late +/- 1 day. A move to the 1020's SPX looks likely and then more sell-off is expected into the next expected low due around Nov 18/19.
The LT model is trading more often due to the volatility.

