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.