The Currs column shows the signal for 10/20 for each strategy. That was surprisingly tricky to get because the accounting part of the algorithm has no interest in today until the close. The win/loss numbers are pretty consistent between 1x and 3x equities. Zomb1 goes long when at least 12 of the other strategies are… Continue reading 10/20/20 Current Signals
The up gap on Oct 8 was more or less closed yesterday. I'm not sure the steroid-stimugap from the previous day counts a lot. The main gap is still Sep 28, ridiculous as it might appear to suggest SPY might actually revisit numbers below 330. Hoping to be able to display the current signals correctly… Continue reading 10/20/20 – xCF, Gap 3 Closed
I never bothered to check the signal on Friday and it was xFC. The strong buy consensus noted on this morning's post existed going into the day Friday. For Monday, there were only four buy signals from the 27 strategies, so current signal was actually the previous signal. I'll post a table with the current… Continue reading 10/19/20 – Probable xCF, Possible xMF
The table shows log returns for the past year for the 3x Significant 6 as usual with the probability of having a positive day with the various strategies. For example, SPXL for Buy and Hold had a gain on 59% (590 out of 1000) of the days. TQQQ at 64% (641) is pretty amazing. Long… Continue reading 10/19/20 Win Percent
Depending on today's action, the implications of the final weekly candle can be either positive or negative. The topping tail on the 357.32 candle of the week of Aug 31 along with this week's action suggests resistance near 350. There has to be a pretty good up move today to get xFC at the close.
The second of the many unfilled recent SPY gaps will filled today. This was at about the same spot as the jumbo Sep 3 candle close. The 13 day exponential moving average is at 342.83 or so. It will take significantly more weakness for the weighted price to threaten that, so today's signal should stay… Continue reading 10/15/20 Gap Filling, Probable another xCC
The miniscule weakness in the market yesterday is quickly escalating into trivial. The gap between the Friday high and Monday has been filled - I'm not sure that counts. The neckline of the bottoming formation is at 341. A pop above the neckline can be estimated to travel the same distance as the low to… Continue reading 10/14/20 Probable xCC
The itty bitty weakness today hasn't been enough to even penetrate the 3 day indicators. The overnight gaps made it at least four in a row. The 18 day hasn't quite crossed above the 54 yet, it is crossing above on QQQ today..
I was trying to write on article about Zombies for SA this weekend. Zombi is an acronym for Zero Optimized Median Based Inferentiation. Consenso 1 and 2 are now zcon1 and zcon2. zomb1 is a pure zombi. Zombies reanimate the corpse of previously calculated strategies. It seemed that the difference in performance between 3x and… Continue reading 10/12/20 – Zombies, etc.
This is another high consensus xFF. I criticized buying the move to 357 on Sep 2, because that break away candle looked dubious. Now at least two candles similar to that have formed in a row. In this case it is breaking out of congestion from a nicely formed bottom. This seems a better spot… Continue reading 10/9/20 – Probable Repeat xFF