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.
Follow to Get Alerts on New Posts
Wednesday, November 7, 2018
Bought on the pullback as planned
Last Friday, I put some extra cash to work after observing that the S&P would satisfy the criteria that I had detailed in my prior post for a positive RSI divergence. I purchased additional dividend stocks and Apple for my tech holdings at an entry point of S&P 2715. I still believe that the market will maintain a positive bias until at least Spring of 2019. If necessary, I'll update my blog this weekend and speak to any changes to my macro indicator.
Subscribe to:
Posts (Atom)