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“If you can keep your head when all about you are losing theirs…Yours is the Earth and everything that’s in it” Rudyard Kipling 

“Veritas Nunquam Perit”- “The Truth Never Perishes” Seneca (the younger)

“It was never my thinking that made big money for me. It always was my sitting. Got that? My sitting tight!” J. L. Livermore

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Primary Trend: Bull Market

Intermediate Term: ~ Seven Sentinels Uptrend 5/2, 4-6-18, SPX 2604

Tracking Account Valuation 1,624,752 +17% YTD 2018 Vs. SPX +-0.2% YTD – Outperforming SPX By +17%

~ STS 1/6 Uptrend 4-6-18/10 AM- SPX 2638 Position: 30% SVXY, 70% Cash

Today Stopped on TNA, TQQQ

STOPS: SVXY 12.09,

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Subscribers who are following along with all or most of our articles and commentaries know that we trade our tracking account aggressively, with trades almost every day- sometimes several trades in a session. Some may be asking “how can I possibly keep up with all those trades — how can I find the time with everything else going on in my life to drop everything every time I see “Member Alert” and track down and replicate Seven Sentinels latest trade?”

Some may have the time to do so- but we would bet that the vast majority do not. So here’s the good news: “You don’t need to.” While we are beating the SPX by +18% YTD, this is NOT because every trade we make is perfectly timed or that we know more about what and when to trade than you do. On the contrary. We have our style of trade; you have yours. Every trader has his or her style, objective, risk tolerance, and comfort level. How you trade and what you trade is up to you.

We are showing you how WE use the timing information provided here to position the tracking account. You may trade very differently and may not even trade ETFs, for example, at all. Perhaps you employ a straight cash account or a margin account with common stocks. Maybe you use options or futures. You may only enter transactions when there is a change in the STS, for example.

All of that is fine. Aside from the absolute imperative that you…..

> use prudent risk management like keeping leverage to a reasonable and manageable level and always using STOPS on all positions<

….. here is the complete list of all of the tradings rules to which you MUST adhere if you want consistent profitability over time:

1. NEVER trade against the Line of Least Resistance
   

That’s it- that’s the complete list. Period. Of course for 99%+ of the “trading crowd” that one rule is impossible to follow. Why? Because they do not KNOW what the LOLR is at any given time. But at Seven Sentinels, we use our proprietary STS or Short Term Sentinels to define the LOLR. And it works.

We explained those STS and the LOLR on Tuesday night (April 10) with this detailed layout:

“Below are the seven elements of the STS. The first two charts each contain two parts, NYMO and NYSI on the first, NAMO and NASI on the second. The third chart shows the VIX element of STS. The fourth shows the VXN element, and the fifth chart shows the BPCOMPQ element:

The green line (short MA) ABOVE Red Line means NYMO is in Uptrend. +260.985 means NYSI also in Uptrend.

Green above red means NAMO in Uptrend. +306.902 means NASI in Uptrend.

That’s four uptrends. Green above Red is Uptrend- that’s five uptrends:

Black above Red is Uptrend. That’s Six uptrends.

Blue above Red is uptrend- that’s all seven in uptrends.

STS went to Uptrend (BUY Signal) last Friday (4-6-18) and remains there. The count is 7/0 (seven uptrend/no downtrends). We need to keep in mind that the short-term TREND will stay UP until STS gets to 0/7 (no uptrends/7 downtrends). “

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We update the STS and the LOLR hourly and we explain the rules here at least weekly: that we position 0 to 50% in the direction of the STS when it opposes the Seven Sentinels and 0 to 100% in that direction when then the STS is confirmed by the Seven Sentinels. We NEVER trade opposite the LOLR as defined by the STS. Period.

To summarize:

1. Don’t worry about whether you can follow all of our trades as we report them all in real time.

2.  Trade using your style, favorite instruments, and position sizes that meet your comfort level

3.  You’ll be successful so long as you follow the one cardinal rule: Never Trade Against The LOLR (via STS)

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Updated to April 20, 2018: