Search results

The green line is spx. I started a new thread here: http://elitetrader.com/vb/showthread.php?t=280622 in case you are interested. Backtest results can be seen here: http://elitetrader.com/vb/showthread.php?t=280622&page=2 Based on the indicators, I already flipped to the short...

updated chart.

updated chart. I feel that this is a market rebound on the way down.

switched to bearish view based on eod data 1/7/14, not bad. there seems more room to go south. continue to hold shorts. updated intraday chart.

updated chart as of market close Friday Jan 10 14

the chart in my last post should have been 010714, as it was calculated from eod data yesterday. here is today's chart at market close. the indicators do look bearish to me.

updated chart as of eod yesterday. based on prior data, it's about time to consider shorting the market. however history may not repeat itself, and ymyd. it's also riskier to short the market in a bullish environment, and short signals tend to be less reliable in such times etc..

never knew actually there was a blue line indicator. funny

updated intraday chart. watching closely.

updated intraday chart. no change in market view. still on the long side.

updated intraday chart. no change in market view since Friday.

The blue indicator just made an impressive spike up. This is definitely a warning sign, as it signals that the party is climaxing, and may be near its end. Having said that, I would like to see the red indicator picks up in value a little bit (which would indicate the amount of selling...

updated intraday chart. still keeping my longs.

attached are hypothetical trading results since this April until eod Dec 24, 2013. if short signals were set as: blue indicator spikes above 20, then drops below 10 and long signals were set as: red indicator spikes above 20, then drops below 20, a total of 764 points in profit would...

updated chart as of eod 12/24/13 the blue line just spiked above 20, which is a sign of precaution. but it does tend to be a bit early in predicting a local top, I wouldn't flip to short side just yet.

updated intraday chart now the uptrend looks a bit old, with the blue indicator spiking up quickly. but it is a very early sign of possible local top coming. wait and see.

updated chart as of eod Friday. uptrend intact.

Updated intraday chart. Uptrend intact. BTW I wonder if there is any other website more appropriate for such discussions? Is this website mostly for day traders? I also posted a question on option trading in the option forum, no response. If anybody has any suggestions, you can PM...

Point well taken. My purpose of posting these charts here is to discuss the best way to use these indicators, and establish a track record of real time market calls.

My indicators are along the line of market breadth/sentiments, so at least you got something that is independent of most indicators that are derived from price changes, including moving averages, MACD, RSI etc.. My system also gives topping signals, most of the time a bit ahead. You are...