EXTH Fund hit Short Term Resistance Yesterday

The Fund closed yesterday with returns up 6 % from the January 11 2017 start.  Positions appear to have reached short term resistance and are waiting for a wave of Trump cheerleading for the coming week or two.  So I would look for returns to back off into the plus 2 % area before breaking out to the plus 10 % area.

We believe we are months away from where our strategies will really pay off.  You have to wait for the hype to wear off, it has only been 3 months since the election.

We will periodically put these type of short term thoughts out in the Traderline category.

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