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it's something I keep an eye on, I'm interested when it starts to get closer to the zero level where it looks like it's going to go back positive, I think that will lead to a recession

Breadth Thrust NYADV/NYTOT ratio as a mean reversion system

Posted by matt on 14th of Apr 2024 at 12:50 pm

$NYA - Chart Link We've used this ratio for the Martin Zweig Breadth Thrust signals that rarely occur (one confirmed ear early Nov with that sharp move higher) and was a great signal.

However while those Breadth Thrust signals are rare, the ratio can also be used as a mean reversion long system whenever it gets oversold - and works best in an uptrending market

Paxgold is a crypto currency that I wasn't aware of, each coin is backed by 1 ounce of gold kept in a vault - kind of like digital gold basically

anyway as you know gold futures do no trade on Saturday and so when Iran initially attacked Israel Paxgold spiked to $3200!!  I say this when I had fallen to $2900 and I was trying to get account setup so that I could short it because I knew it would crash down, I wasn't able to get that account setup in time. Anyway Paxgold gave all those gains back

Again, I know that the Iran thing was a wildcard for the weekend, however as I posted on Friday, I strongly favored that wave count to have completed on Friday as a v of 5, therefore I was confident this emotional spike in Paxgold would get sold and it did

If gold completed that count, then it will likely enter into a consolidation phase for a while. Seasonality wise gold tends be weak from last April to mid July.

Silver broke out of that monthly and weekly coil and gold broke out of long term pattern, ideally what we'd see is a consolidation over a few months to backtest those previous resistance zones/now support

yep, I was about to post that weekend futures link, shows speculative Dow Futures down 345 or about -0.95% 

on that Iran and Yemen attack news

SPX % stocks above 50 day MA

Posted by matt on 12th of Apr 2024 at 10:23 pm

$SPXA50R - Chart Link- amazing how quickly that indicator has dumped since that divergence, has fallen to 44.4% from 75% just 3 days ago!  And from 85% from last week

that divergence really kicked in

NYSI system short playing out

Posted by matt on 12th of Apr 2024 at 10:21 pm

the GE issue has to

GE kiss chart looks out of whack...

Posted by matt on 12th of Apr 2024 at 10:20 pm

the GE issue has to do with a split that the STS tables may not know how to account for - redownloading the historical data will fix that, however we need add some logic for this because stocks do split and this may occur with other stocks

yep I read about that too and agree. Once you get politics involved, people tend not to do what is required if it not politically favorable, even though it's necessary and may cause some pain in the short term but be better in the long run. 

it's just like the politicians, they only care about getting reelected and they won't do something that is needed and necessary, if it may cause them not to get reelected 

yeah you are right -

GE kiss chart looks out of whack...

Posted by matt on 12th of Apr 2024 at 10:11 pm

yeah you are right - that GE chart doesn't make any sense, I looked at my Tradestation and it's been long since Oct 24th and is STILL LONG.  I'll ask James to take a look

here take a look, first chart is from my program on TS, second image is from the tables - clearly something got messed up

on V going back long, you guys also need to consider other things like, the system just was long V from Nov 1st to April 4th and locked in a great swing trade. Odds are always not as good for another big winner after it just captured a big trending move. Again you never know, but generally the way a lot of trend type systems work is that they don't often capture two big winners in row - because of how the market works, the market tends to trend/consolidate/trend/consolidate.

that said - honestly it's not a bad entry consider price is only 1.36% away from the STS stop, that's pretty tight to be honest, and for those  of you who tend to bitch that price is too far away from the STS on new triggers, that is not the case most of the time, some of the time yes

thank you very much! we really appreciate that, you too and everyone else!

AAPL still did well today despite the market

Posted by matt on 12th of Apr 2024 at 04:05 pm

AAPL - Chart Link

the high performance AAPL system triggered yesterday, which I commented on yesterday

no trigger

SPY QE BTS mean reversion

Posted by matt on 12th of Apr 2024 at 04:02 pm

no trigger

I cannot confirm that trade

SPY QE BTS mean reversion

Posted by matt on 12th of Apr 2024 at 03:59 pm

I cannot confirm that trade until 2 min after the close - it's going back and forth from triggering to not triggering, so best to wait for a close - and TS doesn't settle the fine SPY price until 2 min after the close

SPY QE BTS mean reversion

Posted by matt on 12th of Apr 2024 at 03:58 pm

this is the one system that was showing a possible long entry, but right now it's going in and out, if prices close right here or higher it won't trigger, if they sell off again then it will, here's the stats otherwise

BPT follow up

Posted by matt on 12th of Apr 2024 at 03:50 pm

BPT - Chart Link- long idea from weekend, man yesterday I was thinking that BPT was probably a low risk buy near that 20 day MA with tight stop, I didn't do it, of course it popped off the highs today, big volume

ha yep, and I'm sure she scared XI LOL

SPY QE long may trigger a 1st entry, that's all I saw for SPY

Posted by matt on 12th of Apr 2024 at 03:48 pm

I've opened half of the ES mean reversion systems nothing triggering on those, opening up the last set now to check

Update: SPX 5 min

SPX 5 min

Posted by matt on 12th of Apr 2024 at 03:46 pm

$SPX - Chart Link- nice bounce from that second MACD divergence

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