Swing Trading Based on Pattern Recognition: Returns up to 17.26% in 14 Days

Swing Trading

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions for swing trading. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 ETFs with bullish and bearish signals:

  • Top 10 ETFs for the long position
  • Top 10 ETFs for the short position

Package Name: ETFs Forecast
Recommended Positions: Long
Forecast Length: 14 Days (01/22/2017 – 02/05/2017)
I Know First Average: 4.21%
Swing Trading

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this ETFs Forecast Package for the 14 Days time period. The greatest return came from NUGT at 17.26%. GDXJ and GDX also performed well for this time horizon with returns of 6.08% and 5.97%, respectively. The package itself saw an overall return of 4.21%, providing investors with a 3.06% premium above the S&P 500’s return of 1.15% for the same time period.

The investment fund, (NUGT), seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.