Trade 1 back in January: 2.7% in 6 days (1% commission if less than 30 days, but 2.7% in a mutual fund in 6 days - lock in the profit!)
Trade 2 in February as the trend continued: 5.9%
Trade 3 in April to September, riding out the summer slump but still 4% profit.
13% total, and my money is looking for other opportunities with three months more in the year.
This fund is commission free if you keep it more than 30days, so makes an ideal fund for 401K trading. Why exit now? It's my 401K, so my goal is to see the balance go up ever month, not go up and down as the market wanders around in weak economy and a presidential election coming up.
Technicals show a pullback is in order. Candles are penetrating the upper bollinger band which indicates tension to the downside, and a likely snap back in price. Blue line on MACD is sailing above volume bars, meaning the trend is still up but has weakened. RSI went over 90, then dipped sharply back. The rally in January was different technically - the bars stayed within the bollinger band, and RSI climber over 90 and stayed there, meaning a much more stable rally. Check back in two weeks to see if my interpretation is correct.
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