Art's futures biases for May 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. __________________________________________ A very skilled index trader I know has a sign on his screen mandating that he never be short on the last day of the month. History has probably borne that out overall, but I have to dissent for tomorrow. All three markets are urging sells in all the major categories. Conversely, bonds are posting solid buy signals across the spectrum.
Art's futures biases for June 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. __________________________________________ Now that we got past the bugaboo last day of the month (from the short perspective), perhaps the Czar signals will be more cooperative. They are still insisting across the index board that a down move is imminent. The 10- and 5-year notes are solidly bullish while the neutral 30-year is at least not contradicting.
Art's futures biases for June 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 bond complex has been confounding Czar long signals lately, and the technical chart action has been anything but bullish. The 30-year, however, has arguably stopped just short of breaking through support. Will Monday's near-unanimous buy signals finally be validated? As Charlie Wright observed in one of my books, every loss just takes you that much closer to your next profit. At any rate, there is nothing better offered in the other complexes.
Art, somehow in my internet surfing I stumbled upon your video on MoneyShow.com where you explained all this stuff. It was great to see and hear you vs just reading your posts here, and very helpful for me to hear your detailed explanation of each of these "biases." Also, I didn't realize from looking at this thread that they were the basis for an enter on open / exit on close trading system. I guess it helps to start at the beginning, which the video accomplishes. Would you still use a reading of +3/-3 for a trading signal? The strongest signal from your tables for today appears to be short the Euro. I have been anticipating a bottom in the bond market for days now, but the downtrend remains intact.
ET might not want links posted, but it is easy to find. I mentioned the website- you will have to register. MoneyShow.com The best way to find it is to go to the website and use their search box to do a search on "Art Collins" Several videos with descriptions will come up. The one you want is titled, "Beating the Financial Futures Markets: Combining Simple Biases into Powerful Money Making Strategies" I will be checking out the other ones as well. It's nice to see that Art is actually a real person!
Art's futures biases for June 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. __________________________________________ Expect continued up action in the bond complex according to unanimous either-or and less-frequent buy flashes. Conversely, the indexes are generating uncontested sell signals.
ToTrade wrote: Would you please post the link for this video. Thanks. __________________ This is in reference to a series of videos I did at the money show in nyc last winter. here's the link. http://www.moneyshow.com/msc/marketresource/speaker.asp?speakerid=CBAE119693E54FB58299007AA98EEAB1