Highlights Broad sector sell-off into the weekend Possible stimulus package announcement from Germany on Sunday Fed Stimulus measure Next Thursday Fiscal plan from the US on Sunday
Highlights, $SPX dropped 2.8% and currently is flat but may recover a little bit. My prediction is around 1.6% before Asian market close. How to trade: Long only during the day and close before market close Short, cover now and wait for market close and short from there Good luck
Highlights: $SPX has dropped -3.1% after fake bounce back yesterday.Trajectory is down particularly with long week end facing down the market. The real reason for market drop is freeze in global liquidity that is at an extreme low. Watch my previou video blog on Liquidity. How to Trade: Expect extreme moves to the downside with the lower the liquidity and greater...
Highlights: Long weekend is coming leading to another unknown Monday Consumer panic across the world and the US is spreading Global monetary system has been on life support for over 10 years. The ContraVirus just knocked the wind out of it.
Highlight of my evening coverage before the US open and how to trade it $SPX lost the battle st 38888 and gone done further. Post Biden euphoria (buy on the rumor, sell on the news) is over and market is heading south Economic data from China 80% crash in car industry Around the world, trave, tourism and commodity crash US bond market flashing warning , treasury...
My super candles is showing a battle at 3088, in short time frame that I can't publish on TV there is pressure on downside. Not mush support below 3087.
Mt new scripts shoes the first line of defence is broken. 3087 is next. What out if you gone Long
I'll try to make daily episodes of how to trade the market between my breaks. Highlights: Trend is down. Daily whipsaw is normal in a bear market. Biden win gave a psychological boost to an oversold market Market will go lower as more cases pops out on the radar now that US is officially testing Outside China is yet to go through the same episode as Chian in...
More trading demo and commentary
Don't have time for long description. demo of my latest QTB trading system. Will explain later
We are in BEAR market so your trading style need to adjust to how BEAR market works. See my previous articles on how to trade in the bear market. $SPX right now makes wild swings to positive and negative therotory, one minute appears is seeling-off and the next appears as if it wants to go up. What you need to remember is that overall trend and underlying economy...
Those of you familiar with BEAR market would know what $SP went up yesterday and why we should all expect high volatility for the rest of tis yer and possibly beyond 2020. Her is some facts on why this down turn continues and why we are in BERA market. Even without CoronaVirus market would have fall, but maybe a bit later in the year. The global economy was...
I'm working on a new version of Quantum Thermo Balls Champion Edition that incorporates all my live trading experiments with previous version and input your have provided. Quick into on QTB: Quantum Thermo balls (QTB) script is the next generation of the predictive trading dashboard that I designed based on my trading (BEARISH) style. Quantum Thermo balls (QTB)...
Me and my QTB scripts (second QTB new edition WIP) are ready to face the market. How to trade: What last week shorts, track higher than 15 or 30 minutes time frame. Lower time frames at open and close lies. No Long position. No Buy on Dip Short of higher high. Let your profit run. Another important observation. Font get fooled by sudden rise in price, it been...
Market crash is natural but investors and traders with short memory or less experience still believe market will go up. Since 1958 the S&P 500 has declined by +5% in a day some 22 times. In 82% of those events, stocks were already oversold. Outside the Financial Crisis, the average 3-month return after a crash is +8.5%, with only 1 significant (11%) drawdown....
Absolutely gub smacking. Once the sell decelerated, SPX dropped after one 30m minue of selling. In part one and two of this amazing study PSX was appearing to be going up on even defying the EU -3.5% drop. Then the sleeping slice finished as Thermoball were shown in the day view and it dropped. If you didn't know this particular ALGO trick you would have gone...
Ok, So I made some changes to the script and now trackingthe ALGO behaviour before and after European open. So far, my study sugest, large sell volume is getting distributed before the US market open. EU open did not change the ALGo even though DAX was down more than 3% and there was an announcement about the virus that should have affected the ALGO. So my...
It looks like insiders are offloading their stocks using following ALGO mode Time-weighted-average-price-algorithm= slice ordered and execute in predetermined random time. Screw with trend prediction This is based on my experience of SPX ALGO and my scripts sudden fluctuation of the thermo balls. Basically insiders, slipping in their trades pushing the price...