MMA App strikes Gold (err, Silver). The new MMA Solar/Lunar Forecasting App is a proving to be an excellent market timing tool for swing traders. An ideal set up unfolded in Silver this week, where the App identified a high weighted value score for an isolated high on Tues-Wed from which a 1-4 day decline would follow.
An isolated (swing) high indeed formed on Wed at 32.51. One day later (today) Silver has so far fallen 1.21, down to 30.50, a swing of nearly 4%, For those who trade mini futures, that’s $1200 per contract (for large futures, that,s $6000/contract).
The DJIA has also scored a big hit if used with the S&P futures index, which had isolated highs suggested for May 23-24 as well as May 28-29. Those were dates of a double top at 5368 and then 5339. Today, May 30, S&P is down to 5250 so far, a decline of 118 pts off the all/time high of May 24 and 89 pts off its secondary high two trading days later. At $50/pt on the S&P e-mini, you can calculate the potential value of this 1-4 day swing would be very handsome ( over $4000/contract from high to low)
The MMA App is now available on Apple’s App Store. Just search under “Merriman. “ A special offer is available now to MMA Subscribers. A hard launch is due next week with special offers for everyone else. Stay tuned. We will announce it here when
launched for the public at the special rate of 19.99/mo. Or, if you want it now, you can subscribe at $39.99 and then roll it over for the special offer for the following two months.
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