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

Friday, February 8, 2019

Continued deterioration but still too early to call

As I mentioned in my last post, the government shutdown delayed the release of commitment of traders data that I use for my macro indicator.  The data is now current through January 8 and my indicator is showing continued deterioration as shown in this chart.  The chart value is currently 145 after hitting a high of 255.  The indicator would need to reach a value of -20 (red horizontal line) before I would make a bearish call.  If that were to happen in the Spring, it would portend a peak in the S&P on or abouts the first week in May.


Subscribe to: Posts (Atom)