Art's futures biases for May 31.
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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A very skilled index trader I know has a sign on his screen mandating that he never be short on the last day of the month. History has probably borne that out overall, but I have to dissent for tomorrow. All three markets are urging sells in all the major categories.
Conversely, bonds are posting solid buy signals across the spectrum.
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.
__________________________________________
A very skilled index trader I know has a sign on his screen mandating that he never be short on the last day of the month. History has probably borne that out overall, but I have to dissent for tomorrow. All three markets are urging sells in all the major categories.
Conversely, bonds are posting solid buy signals across the spectrum.
