The open today for SPY was a cent off less than the previous close, so I guess it really was c0 because the market is sort of up. x00 is an unusual FF5 sefira nowadays; when I was a whippersnapper they used to happen a lot. There haven't been any in at least 81 days.… Continue reading 2/26/21 Afternoon Signals x00/c0:1>O3
Month: February 2021
2/26/21 Current Signals xLH/o0>c1
If there is one lesson to be learned from yesterday, I don't think it is to always use a 27 day look back. If you don't invest buy and hold, you don't want to be extra long yesterday. Three 27 day consecutive periods are shown above. We see deterioration in the win rates and positive… Continue reading 2/26/21 Current Signals xLH/o0>c1
2/26/21 Afternoon Signals xLH/o1>c0
It is probably a certainty that whatever intermediate term fate befalls QQQ, a highly similar experience awaits SPY. So, which chart is better? The couch potatoes have been hanging around the 54 day simple moving average, SPY around the 18 day. Might be wise to look at a 27 day look back. The bull market… Continue reading 2/26/21 Afternoon Signals xLH/o1>c0
2/25/21 Current Signals xHL/o1>c1 or c3
It looks like the CO excursion is going to be a bit negative which makes c1 the relevant cQuatz. c0 and c1 are both only 43% profitable CC. The couch potatoes look like they are in a weird technical place. Note how TQQQ is in last place for CC. The weekly formation for the Qskis… Continue reading 2/25/21 Current Signals xHL/o1>c1 or c3
2/24/21 Afternoon Signals xMM/o1>c1
I posted the current signals a little earlier than usual and the sharp decline into the open changed the cQuatz into something good OC. I mentioned XLI seems important to me a day or so ago, as it seemed technically precarious 5 bars ago, hovering over an important gap. The fact that it took off… Continue reading 2/24/21 Afternoon Signals xMM/o1>c1
2/24/21 Current Signals xMM/o1>c3
The late day strength improved the FF5s signal to xMM which oddly has not happened in the last 36 days. It was profitable in the its 3 appearances during the prior 36 day period. o0 strengthened into o1. I forgot to mention in my article and last night that o1 can morph into c1 or… Continue reading 2/24/21 Current Signals xMM/o1>c3
2/23/21 Afternoon Signals xLH/c0>o1 or o0
When SPY starts playing better than both the Couch Potatoes (QQQ) and MiniMes (IWM) something might be happening. The current mild weakness could become intermediate in strength. If an investor is carrying too much size, the heat can make a persuasive case to sell, and that is probably not something to do here. The weekly… Continue reading 2/23/21 Afternoon Signals xLH/c0>o1 or o0
2/23/21 Current Signals xLH/o0>c0
The late day weakness yesterday changed o1 to o0, which didn't make holding CO look worse. I was holding good stuff for a change and working on my article so I didn't notice how icky things were in general. Things are quite positive here OC. Personally, I'm comfortable here without adding any extra size. XLI… Continue reading 2/23/21 Current Signals xLH/o0>c0
2/22/21 Afternoon Signals xLH/c1>o1
The idea is to stay long here to the open. The new article should be published soon. The Quatz strategies seem better than FF5. I haven't seen any samples where automated Quatz loses money. That will take a little work to check, etc.
2/22/21 Current Signals xCC/o2>c0
There were a bunch of terminology changes over the weekend as I wrote a trading algorithm for the Quatz which is renamed from Kwatz. Returns look really good. I submitted an article to SeekingAlpha about it. yKwatz is renamed to oQuatz and tKwatz is now cQuatz. The new letters indicate where the virtual sell is.… Continue reading 2/22/21 Current Signals xCC/o2>c0