Need a Follow-thru Today Our trading plans yesterday stated: “Our models are suspicious of today’s spike up as caused by the “first-of-month” artificial/systematic inflows, and remain in bearish bias while the index is below 3905 on a daily close basis”. The index’s close at 3901 fell short of the 3905 and our models are maintaining...
Results of Published Model Trades for MON 03/01 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Today’s Spike Up Sustainable? Our models are suspicious of today’s spike up as caused by the “first-of-month” artificial/systematic inflows, and remain in bearish bias while the index is below 3905 on a daily close basis. The index has breached and broke down below our range of 3930-3880 after spending four weeks within that range –...
