The CVR Payoff
Near the end of each day in the TradersWire
Interactive chat room, we usually get Greg Che to come in and
talk about any Connors VIX Reversals setting up for potential trades the
following day. This way, we give the TWI subscribers time to take advantage of
tradable signals if they want to get orders in before the close.
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Yesterday we had a CVR I and X setting up, and while we could
not get a hold of Greg, War Room analyst Vince Mao ran the scans and verified
the two buy signals. Getting in on the futures or the e-minis right before the
close of 1075 would have paid off this morning.
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The contracts have yielded nearly a 20 point profit per
contract, a nice trade for those who took the signals. Get into the habit of
adding the CVR signals to your arsenal, and you will have another weapon to go
to battle with in the war against the markets.
Until tomorrow,
Duke