If daily candlesticks mean diddly, weekly candles mean the square root of diddly. It wouldn't take much downside force here to make the current weekly candle body engulf the previous week. That would not be positive, but this is most likely a case where the bark is much worse than the bite. These signals also… Continue reading 2/19/21 Afternoon Signals xCC/t3-y1
Month: February 2021
2/19/21 Current Signals xCC/y1>t3 – Sectors
The creepy voice is definitely whispering get out this morning, presumably after the open. y1 morphed into t3, hopefully to nobody's surprise. t1 was the other possibility, which would have been bullish OC at the cost of getting slapped around CO. I don't really look at what other people are doing much, unless I develop… Continue reading 2/19/21 Current Signals xCC/y1>t3 – Sectors
2/18/21 Late Signals xCC/y1
Same overall story as before with slightly better signals. Note that UDOW and FAS have not exactly been pillars of strength CO and wCO. Quite impressive daily insight with these tools.
2/18/21 Afternoon Signals xLH/t1>y0
The 18 day simple moving average at 384.xx is obviously a target here and a drop to the 52 week average at 375 wouldn't exactly make Ripley's Believe It or Not either. You don't want to be caught in something like this with extra risk, as you probably want to buy on declines. There are… Continue reading 2/18/21 Afternoon Signals xLH/t1>y0
2/18/21 Signals xCC/y1>t1 – High Dimensionality
A 39 day lookback is used today, a month is generally 21 trade days. Note the ,07 median natural log return for the period. Win rates are quite good when they approach 60%. Note DIA wCC at 69%. IWM, IJH, and IJR are over 70% wCO. I pulled my pending SA article, figuring I can… Continue reading 2/18/21 Signals xCC/y1>t1 – High Dimensionality
2/17/21 Current Signals xCC/t0>y0
When I first built these tables and looked at y0>t0, I new this was worth something. After the close, we know the yKwatz is certain. If OC is positive, yKwatz will be y1; if OC is negative, yKwatz is y0. From an advice point of view, a reasonable interpretation is to add back the extra… Continue reading 2/17/21 Current Signals xCC/t0>y0
2/17/21 Current Signals xCF/y2>t0 Dark Cloud Cover
The dark cloud cover candle from yesterday is working this morning for a change. Seems more like a drizzle at the moment. The y2 Kwatz morphed into t0 overnight. y0 is good, t0 not. y0 will come to pass if OC is negative today, otherwise y1 will happen. Both of those look pretty good for… Continue reading 2/17/21 Current Signals xCF/y2>t0 Dark Cloud Cover
2/16/21 Afternoon Signals xCF/y1
Pretty cool insight from the Kwatz. It's anybody's guess what the right timeframe is, but xCF has not been exactly been a gold mine recently. Note the big higher cycle wins are coming from xFF. The xCF/xFC rotation is leaving both sides not real happy. On the other hand, holding CO isn't crazy here. The… Continue reading 2/16/21 Afternoon Signals xCF/y1
2/16/21 Current Signals xFC/t3
The market must have tuned into my brain waves on Friday afternoon, as a nice pop in the last half hour changed the signal from xCC to xFC. That didn't change the positive CO picture for today very much. I submitted an article to SeekingAlpha yesterday discussing Kwatz (new name for kwat). The signal for… Continue reading 2/16/21 Current Signals xFC/t3
2/12/21 Afternoon Signals xCC/x1
This is sort of the best we could have hoped for going into the weekend. x01 or x00 are the only possible kwat signals and both play CO well. xCC is also good CO. All the signals have excellent win rates. Daily candles don't mean a hell of a lot and weekly candles even less… Continue reading 2/12/21 Afternoon Signals xCC/x1