GDX - Chart Link - as I said before, I can take many of the rules from the XLE swing system that I've shown the statistics for and apply them to other bullish percent charts in order to create new trending systems, such as to the BPSPX for SPX, or BPNDX for Nasdaq, or BPGDM for GDX etc.  Thus I'm going to do away with the BPGDM GDX system that uses the 8 day MA and replace it with this never version that uses some of the same logic as the XLE system.

Here's a chart which shows some of the signals, as you can see it's quite a bit smoother, doesn't catch exact tops and bottoms, but it's not supposed to, it's suppose to simply catch most of the trend i.e. 80% etc.  Less whipsaws and trends more.  Anyway I have not had time to do the statistics nor all the rules, for time savings I may just keep this BPGDM system really simple.  

However honestly I have a lot of things and goals that I would like to achieve for BPT this month, lots of loose ends to tie:

1. Getting a new home page up (the current one is from 2004!  

2. Adding the XLE swing system to the website in the mechanical systems section

3. Added the revised BPGDM GDX system to the Mech systems section

4. Adding the SPX RSI 2 systems to the Mech System section

5. Adding a separate futures trading service to BPT (separate chat room, trades called  etc)

These are the things that I'll be working on this month and thus not posting as much on the blog