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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Thursday, January 8, 2015

Evening Analysis -- Plan for Friday

In reviewing the day's action, I'm less concerned primarily because of the lack of diverging signals. Prior tops have always coincided with divergences in either money flow or RSI -- that condition doesn't exist. Also, every time in the past when the money flow indicators have penetrated the zero-line to the upside, the market continued to rally. I believe that the recent decline to 1992 was technically significant because it essentially touched the long-term upward trend line. Thus, the correction is likely over. This combined with a healthy macro condition, my objective is to buy on a break of the nearby ATR3 stop at 2063.65.