Archive
On Thursday last week the SPY fulfilled the bullish setup (see my posting ‘Overbougth’ w/strong Uptrend) which was triggered on the close of Monday, January 11 when the SPY closed lower on a session after the SPY's 2-day RSI closed above 96 (a so
As promised this will be the first in a series of posts about my my step-by-step approach, my initial basic parameters, and respective results (findings) with respect to a market model (a concise mathematical formula which would stand the test of tim
Due to the fact that tomorrow (Thursday) will be the last session of the year, and (as promised) in order to prepare for the next posting about developing a 'market model' (financial trading strategy) dealing with those 'Seasonalities', I thought y
I'm a bit busy these days with some private (building and moving into a new home in a couple of weeks) and business matters, so blogging (and Twitter updates) were (and will probably remain for a couple of days and weeks) light. I am sorry for any i
On Wednesday, November 25, Investors Intelligence (Advisors's Sentiment, an aggregation of the forecasts of more than 100 newsletter writers) reported the percentage of 'bullish' newsletter writers at 50.6% and the percentage of 'bearish' newsletter
On Thursday's session European indices (and futures on US major market indices) tanked on Dubai news (the ES E-MINI S&P 500 was temporarily down -3.75%), but although US major market indices closed sharply lower on Friday's half trading day, the
On Monday's session we couldn't have asked for more: With Monday's intraday low +0.78% above Friday's intraday high, the ES E-MINI S&P 500 left the (expected) unfilled (opening) gap up and closed on a strong note +1.01% above Friday's high, but