SMH looking like a possible opportunity for a swing

I would be looking to enter the SMH (semiconductor ETF) Monday with an exit being a close above the high of 2 days prior. That is at the close of subsequent days, look back at the high of 2 days prior. If your higher - exit next day at the market. It’s an exit that is used quite frequently in our backtested systems and is also very simple to see visually.

A pop up in the semis would most likely be in conjunction with the market as a whole - so it’s possible the recent weakness in the Semis point to a upward pop in the market.

Does anyone have a clue as to what the entry criteria is for the QQQQ KISS trading system John had posted last week? Look at the number of entries. Look at the returns. Remember it can take 8 potential entries - so each entry is 1/8 th of portfolio size and the exit is as I descibed above (wait did he reveal that yet?). No one has guessed it yet and I am so surprised. At least guess!

Anyway think about it. It’s really so simple as to blow the mind.

Have a Great Rest of your Holiday!

Dave Johnson