The system is calling for a rebound tomorrow.
Will trade the rut at 1.25x.
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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'm with you for tomorrow,...biased for a higher close on Tuesday, which is my next 3 week cycle (likely pivot) date. Tue is also a Bradley date, meaning likely pivot calcualted by another method. So two different methods pointing to Tues as a likely pivot, increases in my mind the chance that we will see a turn to the upside.
ReplyDeleteRegards, Jim P
Congrats on being short for today (Mon 06-22), nice call.
Thanks, nice to be right on the bigger days.
ReplyDelete