the system will be staying long for tomorrow.
Staying at 1.5x.
Subscribe to:
Post Comments (Atom)
Trading Blogs
About Me
- Forecaster
- I originally developed this stock market timing system to trade leveraged mutual funds within a retirement account. It appeared that traditional "buy and hold" strategies would not generate the returns I desired in the time frame I needed. I wanted a mechanical trading system that took the emotion out of making decisions about the future moves of the markets. This system gives a "end of day" call for the next days market direction. On some days it requires some input from the trader as the signal may be dependent on the closing price of a particular index. It can be traded using etf's or mutual funds. This blog is for entertainment purposes and to track the development of this system. It is not intended to be used as advice. Use at your own risk!
I don't have a bias for Tues,..but I have next 3 week cycle date on Wed 05-20. So will stand aside tomorrow and see how we unfold into Wed. This 906 level fills a gap from a few days ago,..would not surprise me if we headed south tomorrow. Regards, Jim P.
ReplyDeleteSome sources think we will close much higher at weeks end. If tomorrow is down it shouldn't be by much. We shall see.
ReplyDelete