As of this moment, two other sub systems on the SPY system are
meeting conditions for a long: The QE LE 1,2 and the Strong
Trend Shallow Pullback. Remember these systems were also
triggering for a time yesterday but conditions went away as the
market bounced into the close. Should these two trigger that
would be 4 sub systems all in a single entry
The Strong Trend Shallow Pullback sub system went long, the QE
LE 1,2 did not. So three sub systems are now in single
entry: Trap, Trend, and Strong Trend Shallow Pullback
I am interested to see how the systems perform during a bear
market, which is how I see things at the moment. The cash levels
dropped to a very low level recently.
23 sub systems. The systems do great in bear
markets.
Torvix we are not in a bear market LOL
Also just because there are 23 sub systems does not mean they
could all be in a trade at one time. The most I have ever
seen in a trade concurrently is 4 - 5.
bear markets start when the moving average configuration of
daily charts has flattened out and has been going sideways to down,
50, 100, 200 MA's, the slope is typically flat to negative on those
MA's. Not when they are all pointed up like they are now.
Go back and look at 100 plus years on a chart and you will
see what I mean. Again when MA's are all very bullishly
stacked you can get sharp fast corrections however bear markets
don't start from those conditions
matt, is this a rule only for stock market inidices? There are
several chart examples when price just drop after going almost
vertical. Silver in 2011 or..... Bitcoin in december (see chart
gbtc). Of course there is a bounce around the MA's and price
is waiting for a proper MA-configuration before falling further.
To me it seems that stock indices are quite vertical, so why
not fall now 10 or 15 % with a shallow recovery/going sideways for
a couple of weeks for a nice MA-configuration and after that more
selling?
That would mean the bear market starts now and we won't see
those Levels for many years to come....
So my question: Why are you so confident that stock markets will
make new highs? Are the charts not vertical enough yet? is there a
missing divergence?
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As of this moment, two
Posted by matt on 1st of Feb 2018 at 03:35 pm
As of this moment, two other sub systems on the SPY system are meeting conditions for a long: The QE LE 1,2 and the Strong Trend Shallow Pullback. Remember these systems were also triggering for a time yesterday but conditions went away as the market bounced into the close. Should these two trigger that would be 4 sub systems all in a single entry
The Strong Trend Shallow Pullback
Posted by matt on 1st of Feb 2018 at 04:03 pm
The Strong Trend Shallow Pullback sub system went long, the QE LE 1,2 did not. So three sub systems are now in single entry: Trap, Trend, and Strong Trend Shallow Pullback
Haw many subsystems are there
Posted by torvix on 1st of Feb 2018 at 04:03 pm
Haw many subsystems are there in total?
I am interested to see how the systems perform during a bear market, which is how I see things at the moment. The cash levels dropped to a very low level recently.
23 sub systems. The systems
Posted by matt on 1st of Feb 2018 at 04:03 pm
23 sub systems. The systems do great in bear markets.
Torvix we are not in a bear market LOL
Also just because there are 23 sub systems does not mean they could all be in a trade at one time. The most I have ever seen in a trade concurrently is 4 - 5.
The cash levels are very
Posted by torvix on 1st of Feb 2018 at 04:29 pm
The cash levels are very low, typically seem at the inception of a bear market. Time will tell of course.
bear markets start when the
Posted by matt on 1st of Feb 2018 at 06:14 pm
bear markets start when the moving average configuration of daily charts has flattened out and has been going sideways to down, 50, 100, 200 MA's, the slope is typically flat to negative on those MA's. Not when they are all pointed up like they are now. Go back and look at 100 plus years on a chart and you will see what I mean. Again when MA's are all very bullishly stacked you can get sharp fast corrections however bear markets don't start from those conditions
To me it looks like
Posted by torvix on 2nd of Feb 2018 at 04:44 am
To me it looks like top is in. Call it what you want. Anyway is just an opinion. This is pig market.
It couldnt even bounce on a 1% down day. Its a piggie market if I right.
matt, is this a rule
Posted by zwyss on 2nd of Feb 2018 at 02:43 am
matt, is this a rule only for stock market inidices? There are several chart examples when price just drop after going almost vertical. Silver in 2011 or..... Bitcoin in december (see chart gbtc). Of course there is a bounce around the MA's and price is waiting for a proper MA-configuration before falling further. To me it seems that stock indices are quite vertical, so why not fall now 10 or 15 % with a shallow recovery/going sideways for a couple of weeks for a nice MA-configuration and after that more selling?
That would mean the bear market starts now and we won't see those Levels for many years to come....
So my question: Why are you so confident that stock markets will make new highs? Are the charts not vertical enough yet? is there a missing divergence?