Coiled Spring Capital Mid-week update Feb 22, 2023

The stock market has continued its retreat this week as we suspected. Our tactical long single stock sales into the beginning of February at the peak of the swing high was quite prescient.

We chose this path as we saw a multitude of reasons to express caution. The largest being the DeMark 9-13-9 sell pattern in the SPX that printed on the exact high on Feb 2nd. DeMark’s timely signals continue to trump most analysis we see out there today. We combine his incredible timing indicators with our own proprietary analysis, to give us an unmatched ability to call the market swings with precision, time and time again.

Since the 9-13-9 sell signal printed on Feb 2nd, the SPX is now down over -5%. This sort of drawdown is nothing to take lightly. There is a ton of money to be made with this sort of volatility if you have the ability to navigate.

If you are a professional or a novice investor, our comprehensive system of indicators and signals, can help maximize profits when increasing risk, but also help to keep most of those profits by removing risk at the correct time. Most professional investors and CNBC personalities will advocate the impossibility of timing markets. We disagree, they just don’t have the skill set. Most traders will tell you to follow the trend vs trying to predict direction. Our rebuttal is: “those who can’t predict, react.”

We simply have a better way, and if you are sick of being on the wrong side of the market, we highly advise becoming a premium subscriber.

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