The purpose of this site is to share results of a trading system that I use for identifying both long-term and short-term trading opportunities. I take the time to do this because of my passion for investing and helping others succeed. The system helped me avoid the "Crash of 2007/2008" and every major correction since then. The cornerstone of my trading system are analyses of market liquidity to gauge longer-term market sentiment and equity and index options (put/call ratios) to identify short-term entry and exits.

This site is for information purposes only. Past performance of the trading system is not a guarantee of its future success. Please consider consulting a qualified investment adviser before making investment decisions.



Follow to Get Alerts on New Posts

Thursday, March 6, 2014

March 13 Top?

I'm more confident now that a reversal will begin around March 13 -- suggesting a top at that time.  It's fair to say that I'm wishing for this to happen since the run up to the 1880 region has been somewhat of a surprise. I would then be looking for an entry point no later than May 1.  The exact entry point will likely be based on my Fibonacci analysis which now points to support levels at 1800, 1770, and 1730 -- these levels are based on a possible high at 1900.  The appropriate buy point will be based on the market's "behavior" if the correction does happen.

Sunday, March 2, 2014

Buy on the dip soon

The run up from the 1740 level has been strong, but I anticipate one last pullback before seeing a rally that will take us to new highs.  The market has been "acting" ahead of my long-term macro indicator and it, combined with my short-term options model, is signaling a corrective top sometime between March 6 and March 13.  I'll be highlighting some potential entry points in upcoming posts.
Subscribe to: Posts (Atom)