2/16 Swing Map

Here's the status of exchange-traded funds I'm following for short-term positions using the Taylor Trading Technique.

Key: Symbol (implied volume) ->[swing] high | low $objective ~estimated_date (current_price); where -> means "looking for", [] means optional, | means "or",  and ~ means "approximately".

• EEM (38) ->low $37.51 ~2/16 ($38.44)
• FXI (37) ->low $38.16 ~2/17 ($38.91)
• OIH (37) ->low $115.61 ~2/16 ($119.23)
• SLV (36) ->low $14.80 ~2/16 ($15.24)
• SPY (24) ->low $106.11 ~2/16 ($108.04
• XHB (34) ->high $15.58 ~2/12 ($15.88): Overdue by a day.

The way to translate this into words is as follows, using EEM  for the example:

"I'm looking for a swing low in EEM, which has a volatility of 0.38. The objective (or target) is $37.51 and I expect it to be attained approximately on Feb. 16. The shares last traded at $38.44."

Swing holdings: None.

See my essay "Swing Trading" for trading rules and a reading list.

I expect to post a note like this daily after the close.