The call is to stay long unless the dji closes below 9225.28.
I will trade the spx at 1x.
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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!
Looks like you're getting back in sync. I know this sideways crap is hard to call.
ReplyDeletecal
Yes, Just feels like I am treading water. Lot of folks calling for a correction. But I believe my system is looking for more upside. I took some money off the table as tomorrows job reports may move the market?
ReplyDeleteYup a swing and a hit. Likely to mess around a bit but might overall hold into mid next week. Then the cycles start to weaken. TWT
ReplyDeleteCal