Follow signals from the Prophet4Traders system to identify turning points in the U.S. stock market
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, May 3, 2019
Market might be nearing medium / long-term peak
My macro indicator dipped this week to a reading of 5. It was 24 last week. This continued deterioration is concerning. As mentioned many times before, a reading of -20 will likely cause me to take action to reduce my equity exposure. If necessary, I will post an update next Friday.