Art's futures biases for Mar 20. 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 currencies are showing a solid buy bias. The indices are mixed, but the majority signals are bearish in the Nasdaq and Russell. While a sharp down close tends to be deceptive if it goes off near low tick, which Wednesday did, I'm thinking selling pressure is not about to abate on a dime. My selling strategy will be to wait until the low end of the opening range is decisively taken out.
Art's futures biases for Mar 24. 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 Mar 25. 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. ______________________________________________ Monday provides another interesting example of how the market moves decisively, and then the CzarCharts become directionless for the next day. This is in line with the fact that huge single-directional moves in the indices are usually followed by considerably shallower, less trendy days that may actually prove to be whipsawing nightmares. The best signal to follow for Tuesday will probably be the long side of the Japanese yen.
Art's futures biases for Mar 26. 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. ______________________________________________ According to the CzarCharts, we should expect up-moves in both the bond and currency complexes on Wednesday.
Art's futures biases for Mar 27. 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, no complex has uncontested signals. I'm partial to the majority-rules short side of the indices, however, largely based on the multi-sell signals in the less-frequent box,
Art's futures biases for Mar 28. 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, expect up-moves in the indices, particularly the S&P and Nasdaq.
Gehko wrote For Friday, expect moves in the indices, particularly the S&P and Nasdaq. ___________________________________ kind of reminds me of Bill Cosby's old routine about Vegas. He bet every bet there was on the roulette table--all the individual numbers, the red, black, even odd, etc. just so he could win a bet somewhere. the next roll, the ball falls on the floor
Art's futures biases for Mar 31. 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, the CzarCharts are continuing to call for an up-move in the indices.
Art's futures biases for April 1. 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 continuing to recommend the buy side of the indices. The bond complex, by contrast, is urging sells.