T is the x day range ((Highest High / Lowest Low) * 100) - 100. I've been looking at that a little lately. Today is interesting, in that the 3 day range is 1 percent which is quite low, but this move started from last week's high, so the 1% is all to the upside,… Continue reading 8/5/20 Probable xFC
Tag: SPY
8/5/20 Signal is xCF
Power failure from Isaias yesterday, delayed my posts. Expected to be down today, but service was restored last night. SPY has filled the important gap created between the weeks of February 18 and 24, so now a relatively small up move will result in a new high. I pulled my SeekingAlpha article submission after solving… Continue reading 8/5/20 Signal is xCF
8/3/20 Probable xFF
My article hasn't been reviewed yet, probably will be a few days. The xFF is appearing for all four strategy lengths when none are in trend following mode. That apparently has never happened in the last 4.5 years. The lowest number previously was 1. Since I only invented the voting scheme over the weekend, I'm… Continue reading 8/3/20 Probable xFF
8/3/20 xFC to Start
If the Friday daily candle for SPY went to the beach this weekend, some bully would have kicked sand in it's face. Still, an ugly gain is still a gain. The rally near the end of the day wasn't difficult to catch, but not an easy day to avoid mistakes if one didn't sell at… Continue reading 8/3/20 xFC to Start
7/31/20 xFC Early On
Disappointing early reaction to great FANG (without the N) earnings, definitely not helping IWM, IJH, and RSP. The overnight never looked real good after the first hour or so. Last week's high was tested earlier and it seems to have held. Looks like the high wire act will continue into next week.
7/30/20 xCF If Stable Into Close
xCF and xMF look pretty good, there might be a question about general ickiness as far as going long. All seven are making money on xCF. CH is well above absolute value of CL and CO is consistently strong. I'm doing some work on range analysis. That uses two concepts: T = (HH / LL… Continue reading 7/30/20 xCF If Stable Into Close
7/30/20 xMF At Current Levels
A nasty spot to have been long overnight. The painted over weakness in the 3 and 7 day averages has been washed away at the moment. Further weakness will take out the 13 day EMA, so things could end up x0F. The 54 day average at about 310 is a reasonable spot more serious weakness… Continue reading 7/30/20 xMF At Current Levels
7/29/20 xFC if SPY Holds Gains
The recent relative weakness in the 3 and 7 day averages is painted over near midday, but the numbers probably won't remain the same. Days should be divided by 7. The aggregated signals for July are showing a different look than May - June. Note xFC has been losing, and xCC has been winning.. Close… Continue reading 7/29/20 xFC if SPY Holds Gains
7/28/20 xCF Early EOD Guess, FOMC Tomorrow
In the alternate universe I was in yesterday, the FOMC meeting ends on Thursday. That turns out to be a day late in this one, so the excitement ends tomorrow. We probably can look forward to another day on this weird neckline around 322 SPY. I'm really not expecting any kind of blast off here,… Continue reading 7/28/20 xCF Early EOD Guess, FOMC Tomorrow
7/27/20 – Probable xFC
With the Fed, etc. this week, there probably won't be any big moves in either direction until Thursday afternoon. Recent weakness seems contained to taking out the 7 day averages. My guess is that is relatively favorable although I haven't looked at the horizontal xEM structure carefully. The table shows the recent xFC performance from… Continue reading 7/27/20 – Probable xFC
