Market Direction INDU SPX OEX NDX RUT

Market Vote 05/05

Nr Name Trend; Change
-------------------------------
01 INDU UP; 11400
02 DIA UP; 114
03 SPX UP; 1310
04 SPY UP; 131
05 OEX UP; 595
06 NDX DN; 1720
07 QQQQ DN; 41.5
08 Nasdaq UP; 2320
09 RUT UP; 770
10 IWM UP; 76

# of UPs vs. DNs 8:2 => market is bullish. 80% UP bias!

11 VIX DN; 12.5
12 VXO UP; 11.0
13 VXN DN; 15.0
14 QQV DN; 14.0

# of UPs vs. DNs 1:3 => at lot of greed, no fear.

DIA bought at 112; stop loss 114
SPY bought at 130; stop loss 131
QQQQ; total loss; -0.5
QQQQ bought at 42.0, because it traded below 41.5 this week.
Stop Loss is 41.5
IWM; toal gain; +1.0

I had been waiting now for 77 to be crossed up intraday by the IWM. IWM bought at 77; Stop Loss 76

Everything locks fine, so far.
 
Li Ka Shing,

thank you very much for your comment.

You are right! Based on the rules QQQQ is in an uptrend, because it left the 41.5 level and made the first step 'north'
- and successfully passed 42.0 intraday (and confirmed level by a closing).

# of UPs vs. DNs 9:1 => market is even more bullish. 90% UP bias!

gg12
 

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# of UPs vs. DNs 9:1 => market is still bullish. 90% UP bias!

New stopp loss for DIA is 115.
DIA bought at 112; stop loss 114 -> 115

If DIA crosses 116 the open long position is closed intraday.
If the closing on the same day is above 116 the position will be initiated again, because the close was invalid.

Does that sound reasonable for you?
 

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Market Vote 05/05

Nr Name Trend; Change
-------------------------------
01 INDU DN; 11500
02 DIA DN; 115
03 SPX DN; 1310
04 SPY DN; 131
05 OEX DN; 595
06 NDX DN; 1660
07 QQQQ DN; 41.0
08 Nasdaq DN; 2280
09 RUT DN; 760
10 IWM DN; 75

# of UPs vs. DNs 0:10 => market is very bearish. 100% Down (DN) bias!

11 VIX UP; 13.5
12 VXO UP; 13.0
13 VXN UP; 16.5
14 QQV UP; 16.0

# of UPs vs. DNs 4:0 => at lot of fear, no greed.

DIA bought at 112; stopped out at 115 with full 3 points gain.
One small loss occured, because a low of a day crossed 115 followed by a closing above 115. Position was stopped out and re-established at closing of that day.
Re-Entry in DIA will be at 115 crossed to the upside confirmed by a daily closing.

SPY bought at 130; stopped out at 131; gain one full point!
Re-Entry for SYP is 131

QQQQ bought at 42.0, Stop Loss was hit at 41.5; Loss!; -0.5 points; QQQQ loss summing up to -1.0 (-0.5-0.5)
IWM; toal gain; +1.0

IWM bought at 77; stopped out at 76 for one point loss; -1.0; total balance for IWM is 0 (+1.0-1.0) so far.

DIA ok. 3 points gain since start
SPY ok. 1 points gain since start
QQQQ neutral; no gain - no loss
IWM neutral; no gain - no loss

In summary I am happy because 4 points gain in these 4 instruments habe been made.
 

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Sorry! Last market vote is from 05/12 not from 05/05 (date was not updated in my last post).

Please send me your questions and suggestions for corrections. I aim this thread to have good quality and information for you.
 
Market Vote 05/17

Nr Name Trend; Change
-------------------------------
01 INDU DN; 11400
02 DIA DN; 113
03 SPX DN; 1290
04 SPY DN; 128
05 OEX DN; 590
06 NDX DN; 1620
07 QQQQ DN; 40.0
08 Nasdaq DN; 2220
09 RUT DN; 740
10 IWM DN; 73

# of UPs vs. DNs 0:10 => market is very bearish. 100% Down (DN) bias!

11 VIX DN; 14.0
12 VXO DN; 13.0
13 VXN UP; 18.5
14 QQV UP; 17.5

# of UPs vs. DNs 2:2 => at too much fear, no greed.
It's interesting to see that the volas for the SPX are going down but the SPX and INDU dropped down yesterday!

Re-Entry in DIA will be at 113 (NEW!) crossed to the upside confirmed by a daily closing.

New Re-Entry for SYP is 128.
New Re-Entry for QQQQ is 40.
New Re-Entry for IWM is 73.

Set intraday stopp buys. If the same day closing doesn't confirm the level, get out at close! Try a re-entry the next day if the levels are surpassed!

Balance
DIA ok. 3 points gain since start
SPY ok. 1 points gain since start
QQQQ neutral; no gain - no loss
IWM neutral; no gain - no loss
 
Market Vote 05/17

Nr Name Trend; Change
-------------------------------
01 INDU DN; 11300
02 DIA DN; 113
03 SPX DN; 1280
04 SPY DN; 128
05 OEX DN; 585
06 NDX DN; 1620
07 QQQQ DN; 40.0
08 Nasdaq DN; 2220
09 RUT DN; 730
10 IWM DN; 73

# of UPs vs. DNs 0:10 => market is very bearish. 100% Down (DN) bias!

11 VIX UP; 16.0
12 VXO UP; 15.0
13 VXN UP; 19.5
14 QQV UP; 18.5

# of UPs vs. DNs 4:0 => fear!!; no greed.
All volas are going up now!

Re-Entry in DIA will be at 113 crossed to the upside confirmed by a daily closing.
New Re-Entry for SYP is 128.
New Re-Entry for QQQQ is 40.
New Re-Entry for IWM is 73.

Balance
DIA ok. 3 points gain since start
SPY ok. 1 points gain since start
QQQQ neutral; no gain - no loss
IWM neutral; no gain - no loss
 
Market Vote 05/22

Balance
----------
4 points = 4 x confirmations of right relative judgement.
DIA ok. 3 points gain since start
SPY ok. 1 points gain since start
QQQQ neutral; no gain - no loss
IWM neutral; no gain - no loss

Nr Name Trend; Change
-------------------------------
01 INDU DN; 11300
02 DIA DN; 112
03 SPX DN; 1280
04 SPY DN; 128
05 OEX DN; 585
06 NDX DN; 1620
07 QQQQ DN; 39.5
08 Nasdaq DN; 2200
09 RUT DN; 730
10 IWM DN; 73

# of UPs vs. DNs 0:10 => market is very bearish. 100% Down (DN) bias!

11 VIX UP; 17.0
12 VXO UP; 15.5
13 VXN UP; 22.0
14 QQV UP; 20

# of UPs vs. DNs 4:0 => fear!!; no greed.
All volas are going up now!

Signals
---------
New Re-Entry in DIA will be at 112 crossed to the upside confirmed by a daily closing.
Re-Entry for SYP is still 128
New Re-Entry for QQQQ is 39.5
Re-Entry for IWM is 73

Miscellaneous
-----------------
IWM graphics attached to show where the triggerline lies.
 

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