Bears Sizing Up We wrote last Thursday, “Markets have approached the high end of the 2940-3140 our models have been indicating for the last few days, and it could set up a pivotal point to the next leg – a daily close above 3150 is needed to set up the next leg up”. That theme...

Models in Indeterminate State The overnight futures are up on hopes for a vaccine, but our models are in an indeterminate state as a continuation of Friday’s “All Noise and No Signal” theme. No trades indicated for today by our models....

All Noise And No Signal We opened this Monday at 3155.29 and we closed yesterday (Thu) at 3152.10 – after so much of seemingly big headlines involving Covid-19 surge and jobs numbers and everything in between! If you, as a trader, have been feeling frustrated and/or chopped up, that is the empirical explanation. Last week,...

Key Level In Play – No Directional Bias Last week, our theme had been: “Anyone who is betting on the short side of the markets need to have deep pockets to sustain deep draw downs before they get their chance”. And, as we wrote on Thursday, “Markets have approached the high end of the 2940-3140...

The Bull-Bear Tug-of-War Continues… Last week, our theme had been: “Anyone who is betting on the short side of the markets need to have deep pockets to sustain deep draw downs before they get their chance”. And, as we wrote on Thursday, “Markets have approached the high end of the 2940-3140 our models have been...

Range-bound and Directionless Last week, our theme had been: “Anyone who is betting on the short side of the markets need to have deep pockets to sustain deep draw downs before they get their chance”. And, as we wrote on Thursday, “Markets have approached the high end of the 2940-3140 our models have been indicating...

The Precarious Ride Continues… Last week, our theme had been: “Anyone who is betting on the short side of the markets need to have deep pockets to sustain deep draw downs before they get their chance”. And, as we wrote on Thursday, “Markets have approached the high end of the 2940-3140 our models have been...

Goldilocks Flourish Amid Jobs Numbers Quarter-end window dressing, vaccine hopes, first-of-month flows, strong jobs numbers…there are a lot of things that have been feeding the Market Goldilocks. Anyone who is betting on the short side of the markets need to have deep pockets to sustain deep draw downs before they get their chance. Markets have...

Headlines Involving Jobs and Vaccine Feed the Market Goldilocks Today’s price action could be driven primarily by the first-of-month systematic investment flows into the markets, putting pressure to the upside on top of yesterday’s moves, further supported by the jobs headlines and the vaccine hopes. Our short term models (1-2 weeks) indicate choppy trading while...

Quarter End Window Dressing or Locking it In? Today’s price action could be driven primarily by the quarter end window dressing, putting artificial pressure to the upside. The only thing that can outweigh that would be if the fund managers want to book their profits and lock their quarterly performance numbers. Our short term models...