Odds Czar: Simple Biases in the Futures Markets 2006

Quote from Sashe:

Looks like strong sell on NQ and ER2 tomorrow


based on the biases posted above for April 4th, Nasd = +7 bias count and Russell2K = +6 bias count.

Don't they mean that they are biased towards a rally and not a selloff?

also, given S&P = +3 bias, at least Nasd and Russell probably outperform the S&P... right? hope my interpretation of the posted biases is correct....
 
sashe wrote

Looks like strong sell on NQ and ER2 tomorrow
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based on the biases posted above for April 4th, Nasd = +7 bias count and Russell2K = +6 bias count.

Don't they mean that they are biased towards a rally and not a selloff?

also, given S&P = +3 bias, at least Nasd and Russell probably outperform the S&P... right? hope my interpretation of the posted biases is correct....

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right, positive numbers are bullish. I've stated before though, the strength of the numbers don't mean much-. +1 and +4 test out about the same. what is more significant is that all three signal boxes are calling for upmoves (the odd non-contradictory neutral nothwithstanding.)
 
Art's futures biases for April 5.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

Art's futures biases for April 6.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

Art's futures biases for April 7.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

Art's futures biases for April 10.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

Art's futures biases for April 11.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

Art's futures biases for April 12.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

Art's futures biases for April 16.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

Attachments

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