Art's futures biases for Nov 4. 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 stock futures put in their first relatively normal performance in eight weeks on Monday. The S&P range was a not-shabby but not-over-the-top-crazy 17 points. Perhaps we're starting to move out of crisis mode finally, or maybe it's just being postponed through the election. In any event I'm going to feel fairly safe trading the index futures from the short side on Tuesday off some solidly bearish CzarChart readings.
Art's futures biases for Nov 4. 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 Wednesday, expect down moves in both the bond complex and continental currencies.
Art's futures biases for Nov 6. 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 Nov 7. 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 flashing solid buy signals in the indices, particularly the S&P.
Art, I've heard a few people say Fridays are normally bearish for the stock markets. I guess this is just a myth, according to your analyses?
Susannah wrote Art, I've heard a few people say Fridays are normally bearish for the stock markets. I guess this is just a myth, according to your analyses? _______________________ it was true at one time. not lately. my guess is that the proliferation of funds neutralized the fear individual investors would have about staying long over a weekend.
Art's futures biases for Nov 10. 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 continued upside action in the indices. The CzarCharts are also bullish in the bond complex.
Art's futures biases for Nov 12. 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 Nov 13. 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 Thursday, the CzarCharts stubbornly remain in buy mode for the indices.
Art's futures biases for Nov 13. 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 have flipped to bearishness according to the CzarCharts for Friday.