Our Models Sitting Out Today’s FOMC Action With the FOMC rate decision on tap later today, our models are indicating sitting out the post-FOMC action as they see all noise and no signal. This is especially prudent given the static nature of our trading plans published here. After flashing indications for a potential peak in (more…)
Results of Published Model Trades for TUE. 07/26 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…)
Chop Fest Till Tomorrow’s FOMC Event With the FOMC rate decision on tap for tomorrow, there may not be much of a directional action until then. Any attempts to try to predict potential directionality from the price action before that could prove a fool’s errand. After flashing indications for a potential peaking in the upside (more…)
Results of Published Model Trades for FRI. 07/22 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…)
Upside Momentum Likely Peaking Our last trading plans published last Friday, 07/15, speculated: “Next Week to See Some Movement?”. We did indeed see a strong upside momentum that blasted the index out of the 3855-3845 range and brought it to test 4000 level. After being in an indeterminate state for all this week, our models (more…)
Stuck for a Week – Next Week to See Some Movement? On the day our last published Trading Plans on Monday, 07/11, stated our positional trading plans going into an indeterminate state, the index closed at 3854.43. After the full week filled with very important economic releases and major earnings kick off – and, volatile (more…)
Results of Published Model Trades for MON. 07/11 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…)
Earnings Season and Inflation Numbers This week likely shaping up to become a coiled spring unwinding soon – the earnings season kick-off and the inflation numbers later this week to determine in which direction and how forcefully. For today, the market makers appear to be testing the weak hands. Our models indicate no directional bias (more…)
Results of Published Model Trades for FRI. 07/08 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…)
NFP Friday – Not Many Fireworks? The Non-Farm Payrolls numbers this morning did not really warrant any fireworks so far, despite the 10-year yields rising a bit pre-opening. The rest of the day’s action might mainly be driven by what happens to the yields. Barring any strong pull downwards, the bias remains to the upside. (more…)
