About Swing Trade Service
The Swing Trade model predicts the direction of the Nasdaq 100 Index (NDX) and S&P 500 Index (SPX) for the following trading day. It is based on proprietary pattern recognition algorithms over a six year look-back period. The model matches similar patterns that occurred during the look-back period and records the number and percentage of occurrences that closed either up or down the following day. Predictions are then based on the statistical probability of the index repeating that pattern.Using the Prediction Model
- Traders can use the enhanced index mutual funds (Rydex and Profunds), the index tracking stocks (QQQ, SPY) or equity index futures to trade the predictions. While stops cannot be used with mutual funds, the Rydex Dynamic Funds are traded twice a day (morning and afternoon), and can provide some protection against loss. Stops can be used with the tracking stocks and futures.
- The strongest signals occur when the predictions for both the NDX and SPX are in agreement.
- The later in the trading day the Prediction Model is updated, the more reliable the predictions.
- The model is run independently from a secure server and is completely mechanical. Traders control when the model is updated. There is no guessing involved. Traders can base their decisions on the model's statistical output and can gauge the likelihood of a trade's success.