Art's futures biases for June 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.
Art's futures biases for June 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. ________________________ We have failed to take out either the daily high or the low of the Jun 15 September S&Ps. Thatâs 8 subsequent trading days in which both the high and low have remained un-violated. That is really WEIRD, but it does illustrate a probable reason weâre getting such recent cross-currents in the index markets. A daily spoo chart shows a two week sideways trek to near-nowhere. For Wednesday, there are two far more evident plays. Buy the bond complex, sell the currencies.
Art's futures biases for June 29. 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. ___________________________________________________ I'm trying hard to get a bead on the indexes. We're still in this unprecedented situation where a single day's day's high and low (June 15, Sep S&Ps) both have held for nearly two weeks and counting. The buy forces are probably getting the upper hand though, based on today's action as well as the CzarChart readings. I'll be looking to enter the long side on Thursday, but I'll get even more excited down the road if my indicators are in line with those June 15 extremes being violated. In other words, I want to be long the S&Ps at 1271.00 or short at 1244.25. If it happens tomorrow, I'll act on the former.
Art , what is the summery so far ? You making money ? I see that RUSS went from -2 to +2 in one day. Went short , cover with loss and went long ? Also , with NASD +2 and RUSS -2 , would you suggest to put a pair trade for such highly correlated entities , or spread should be larger ? Good luck
iv trader wrote Art , what is the summery so far ? You making money ? I see that RUSS went from -2 to +2 in one day. Went short , cover with loss and went long ? Also , with NASD +2 and RUSS -2 , would you suggest to put a pair trade for such highly correlated entities , or spread should be larger ? Good luck _______ hi iv-- i've been in a financial stall for a couple weeks now, roughly corresponding to the time the s&ps have been unable to take out a high and low established two weeks ago on the same day. as i've previously written, i supply the signals and the historical test results that give give me the faith in them, but i haven't laid out a set way to trade them per se so it's hard to answer specific questions such as your first one. i prefer not to follow indexes if long and short signals are both flashing. In those cases, i try to determine if either the bonds or currencies are more clear cut and if not, I usually sit out the session. i have offered alternative ways that you could be following these signals mechanically, however. it would be valid to just go with a simple majority of the either-or indicators. you could filter that by not following the signal if the net less-frequent signals (second box) are contradicting. one thing i have found with these particular signals is that the strength of the plus/minus doesn't count for too much. at +1 seems to be just as bullish as a plus 6 historically. i don't do any research on spreads. i find myself long one thing, short something related sometimes, but that's only due to following to opposite outright signals. Good luck back at you
Art's futures biases for June 30. 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 Jul 3. 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 Jul 5. 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 Jul 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 Jul 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. ------------------ the next significant move in the S&Ps figures to be down given the setup in the calendar indicators. We're obviously not there yet though, and there's nothing definitive in the other complexes either. I'm keeping my powder dry Friday and hoping for better opportunities once we exit the holiday week.