Art's futures biases for Nov 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.
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The day-of-month indicator has just flipped from bullish-to-bearish, nudging the overall index calendar indicators to the sell side. This dovetails with a majority of the either-or indicators. The verdict is that we've done an about-face and should see stock market selling pressure on Wednesday.
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.
______________________________________________
The day-of-month indicator has just flipped from bullish-to-bearish, nudging the overall index calendar indicators to the sell side. This dovetails with a majority of the either-or indicators. The verdict is that we've done an about-face and should see stock market selling pressure on Wednesday.