Thursday Mid-Session Update

 

Housekeeping

Annual Subscriptions: Monthly subscribers can get just shy of two months free by upgrading to an annual subscription. An annual subscription for our Standard Service is $599/yr (bringing effective cost to $50/mo) and an annual subscription to our Premium Service is $999/yr (bringing effective cost to $83/mo). For an annual upgrade email us at: service@bluelinetradingsystem.com

Starting January 1st we are raising our Standard Service rate (for new subscribers only) to $79/mo (we are leaving Premium Service at $99/mo). 

Notifications: Although the Daily Updates are sent out after the market close, they are almost always posted on the Subscriber Page on the website during market hours. If you enable Notifications you will be notified soon after the Daily Update is posted. New trades will be posted before the market closes for anyone who wants to get a head start. 

Is It All Over?

The chart below shows every time the market has risen 4% or more since the year 2000. As you can see, the vast majority of those times came in the middle of 2008 financial meltdown. The current bear market should be as deep if not deeper than that vicious bear market which resulted in a 50% haircut across all indexes. The market is down less than half that much going into the end of 2018. Is it (bear market) all over? Not by a long shot. 

New Short-Term Trades

There were three new short-term Sell Signals in the Premium Service today. That may be a forerunner to new signals in for the intermediate term Standard Service, but there are no guarantees. It might take a few more up days, even from lower levels, to generate new signals. That's why we rolled over at December expiration instead of just waiting for new signals.