Odds Czar: Simple Biases in the Futures Markets 2007

Art's futures biases for Sep 26.

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 S&P and Russell remain bullish for Wednesday, but note that the Nasdaq has flipped into slight bearish mode. Probably the best play for Wednesday would be to sell the Japanese yen.
 

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Art's futures biases for Sep 27.

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 CzarCharts are showing strong up biases in the S&P and Russell. The Nasdaq appears to be the weakest link of the complex, but at least it's not negating the buy signals. Also for Thursday, expect down action in the bond complex and currencies.
 

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Art's futures biases for Sep 28.

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 best play for Friday appears to be the short side of the bond complex, in particularly the 30-year.
 

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Art's futures biases for Oct 1.

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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Art's futures biases for Oct 2.

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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Art's futures biases for Oct 3.

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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Despite the fact that the CzarCharts don't give uncontested short signals across the index board, the majority does favor the bear side. I am especially inclined to sell the S&Ps on Wednesday off a cap top combined with a short bias in the seasonals.
 

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Art's futures biases for Oct 4.

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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I'm further warming to the short side of the indexes for Thursday despite the fact that the Nasdaq is giving a neutral reading. The Russell is flashing shorts in a three major categories, however, while the S&P is reading two shorts and a neutral.
 

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Art's futures biases for Oct 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.
 

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Art's futures biases for Oct 8.

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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Art's futures biases for Oct 9.

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 long to short rendering the calendar biases in the indexes net bearish. Combined with one short signal per market in each of the less-frequent indicators, we have pretty good evidence of a down-move for Tuesday.
 

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