$SPGI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $SPGI after a Positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
MHL trade ideas
SPGISystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
* Click Like and Follow to Support My Work!
---
Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
---
DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
S&P Global Monthly Chart 12/4Watching movement in the keltner channel in blue and the keltner channel oscillator candles in the bottom, you can see as price approaches a peak it trends into the keltner channel and loses momentum, starts the trend change. Indi's are showing some momentum shifts and price is likely to consolidate. Two scenarios I see is, market tanks near end of trump's presidency or a rally and consolidation and tanks in 2023 instead. However, say the fed continues to pump the economy and we move in a large consolidation range until some news breaks and markets plummet or builds again. With the inverted yields on the bonds, and few taking on our debt, the US will have a hard time raising taxes or interest without destroying the economy in one form or another. The dollar is taking all the risk, as dodd frank has allowed the fed to borrow money without going to congress for approval. They've been bailing out the repo markets to the tune of hundreds of billions, and no MSM has made a significant story about it.
This is the Dollar in Billions:
Found something interesting in the traditional market.I find this interesting about the traditional market - thought i'd share.
From the looks of things based on Eliot wave pattern count, it does look like we are at the top of a 50 years market circle.
There is only so long the market can defy gravity before things come crashing down. Looks BTC may indeed be the safe haven.
At this time, we are stuck at 7,200 which in my opinion isn't good news for bears until you realize that it is the 61.8 fib area. I will be waiting for the major move while buying BTC all the way to Zero from here.
Global Market fundamental and technical analysisThe SPGI continues bounce on the 30 week moving average. Now the S&P 500 is doing well. There are many things covered by the media that are anomalies in life and not true reality for the world in the large scale. With the understanding of the big picture, the world is progressing forward with better policies and a reduction in conflict. Things will never be perfect but at this moment in time markets are rising . A lot of the smaller cap international stocks have pulled back from their initial rise with volume on the breakout the SPGI had in October 2019. The RSI seems to have momentum left in it, would be better if it was centered but it looks positive. This will eventually drop like it always does but right now I believe it will continue to go up along with the S&P 500.
S&P: Possible parabolic move left yetHad some concerns at the end of 2018, but it tweezed and stayed above the curve in black. Following, it executed a perfect bull flag right to 100% of the pole length. I'm suspecting we may have another one of these, and it could be parabolic this time all the way to 340. Expecting some correction in the flag until at least February or so of next year until we hit our confluence of support (FIBs, support curve, flag median, etc.)
I know I have an ugly inverse head and shoulders pattern on RSI. I suspect with the current RSI bullishness and pattern that we could see it go massively over bout in the 90+ range if the movement plays out.
Hopefully none of our politicans will screw it up, or at least wait until we all make a little $$$ :). Approach with caution!
SPGI - Bull Put SpreadDecent Pull back of near 270 high.
D RSI <5 & Oversold for few days.
Price is pushing BB% low again.
Looking for Reversal to Mean Higher.
Taking 250/240 Put Credit Spread with 260 Call for Directional Bias Higher.
Oct Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK