Art's futures biases for July 8. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ The CzarCharts are saying that Thursday should see continued down action in the indices. The signals are also negative for bonds, which is interesting considering the two have been having an inverse relationship of late.
Art's futures biases for July 8. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ The indices should decline on Friday, lone dissenting second- box-buy signal notwithstanding. Aside from a majority of negative indicators, we have been in a decidedly up-and-back market of late and God forbid there should be any upside follow-through on Thursday's 81 point rally.
Art's futures biases for July 14. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
Art's futures biases for July 15. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
Art's futures biases for July 16. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ There are no complexes for Wednesday that are not conflicted. The Russell is a clear sell signal in and of itself though and recent history suggests that sometime during the day, the market is bound to be down. As a strict system player though, I will be sitting the day out.
Art's futures biases for July 17. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ Will the stock market follow its recent pattern of falling the day after having made significant gains? The CzarCharts seem to think so. They're urging shorts for Thursday, particularly in the Nasdaq.
Art's futures biases for July 18. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ For Friday, the CzarCharts are giving solid sell signals, particularly in the S&P and uncontested buys in the bond complex, particularly the 10-year.
Art's futures biases for July 21. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ For Monday, expect down action in the indices and an up move in the currencies.
Art's futures biases for July 21. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ For Tuesday, the CzarCharts are projecting to the upside in the bond complex.
Art's futures biases for July 22. A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias. ______________________________________________ There is a good chance we'll see a turnaround-Tuesday in the indices. The signals aren't strong, but they are uncontested across the sector.