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.



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Friday, December 19, 2014

No trades on Friday

The money flow indicators came close to penetrating the downward sloping trendline but failed. Even if they had broken to the upside, the market is again near resistance and the weekly RSI is tracing a divergence. Both these conditions are in my opinion, poor setups for a long trade. As an update to a prior post, my macro indicator resumed its downtrend after meandering for a few weeks. Technically, it's still not at a low enough level for me to call an August 2015 top. Therefore, well just have to continue watching it's progress week by week.