Market is completely broken now. It goes up vertically by 3% on
/NQ a Fed chairman's comment within minutes. It is a strongly
trending market where reversion to the mean systems do not work.
Whether or not they should try is a developer's question. A much
bigger issue is that no subsystem went long in a perfectly trending
upward market. It is a channel with clearly defined boundaries. It
does not get any easier than that.
I am going to pull myself away from these systems till the
market normalizes. I mean this as no disrespect to Matt's work.
Odds are not stacked in my favor at this time.
A pullback is coming within a month at the most, when all have
been fooled that everything is normal as the Fed Chairman remarked
yesterday. What a travesty! And the pullback will not be
shallow!
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Market is completely broken now.
Newsletter fail - 0 comments on the SPY systems because ...
Posted by junkie on 2nd of Feb 2023 at 07:57 am
Market is completely broken now. It goes up vertically by 3% on /NQ a Fed chairman's comment within minutes. It is a strongly trending market where reversion to the mean systems do not work. Whether or not they should try is a developer's question. A much bigger issue is that no subsystem went long in a perfectly trending upward market. It is a channel with clearly defined boundaries. It does not get any easier than that.
I am going to pull myself away from these systems till the market normalizes. I mean this as no disrespect to Matt's work. Odds are not stacked in my favor at this time.
A pullback is coming within a month at the most, when all have been fooled that everything is normal as the Fed Chairman remarked yesterday. What a travesty! And the pullback will not be shallow!