The Beehive Trading System (BTS) closed it’s third trade of the year making a 3rd successful trade in a row. A conditional trade exit signal was issued for February 11th with the criteria of the S&P 500 index closing above 1072.65. Today’s SPX closed at 1078.47.
Beehive is a mechanical trading system using a proprietary algorithm for timing long and short market entries based on an adaptive analysis of current trading and underlying marked breadth data. BTS generates on average 2 to 3 trades a month with a duration of 2 to 5 days on average.
The most recent trade is:
The entry signal for this trade was generated on the market close of February 9th and was in the market for two full trading days yielding a 2.66% profit for an aggressive trade (BGU 3X Trade).
The two prior trades this year were:
In less than two months Beehive as racked up about 18% return in the aggressive portfolio. About 6% in the non-leveraged SPY ETF. The SP500 during the same time frame has had a return of about -6%.
For more information about BTS visit http://www.redliontrader.com/trading-systems/beehive/
or email beehive@redliontrader.com
