My unrelated, just-for-fun CCI System generated a sell signal. The astounding winning rate over 90% continues. The gain with this particular trade was well below average, but still respectable at 2.64% using my ETF of choice (TNA). For more info, refer to my post on March 29.
Market Health revisited.
With SPY hitting a new yearly high today, the odds of us flipping unhealthy anytime soon are low. But it's something we have to keep an eye on....
thanks
ReplyDeleteI don't know about all of you, but I'm feeling pretty darn bullish for the first time in many months. That's a warning sign that this rally is almost over. I give it another week or so before a big pullback.
ReplyDeletelol where were you for the past 4 months? hahah isnt that bullish enough?
DeleteFortunately I don't trade how I feel. But I do use my feelings as a contrarian indicator. And I'm feeling extra bullish.
ReplyDeleteInteresting. I'm starting to see some storm clouds on the Dow monthly chart. Personally, right now I'm planing on riding the long bus til the end of April, then getting off. Sell in May, as they say, and live to trade another day.
ReplyDeletein need of a rally...bring the market back positive.
ReplyDeleteThe Fed givith, and the Fed take it away?
ReplyDeleteFed take it away. Jerks!!
DeleteIndeed!
DeleteYeah, always tough to predict not only what the fed will say... but how the market will react to it.
DeleteNo model can predict the news or I would know about already.
DeleteWe all agree that Chris should create a system that takes the upcoming news into account. Thanks in advance!! LoL
Deletehopefully it be a hold
DeleteJ, can you give us a clue on the signal?
ReplyDeleteLet me get off my hammock and fire up the laptop. :)
ReplyDeletehopefully it be a hold
DeleteToo funny...and...you bastard.
DeleteI worked all weekend. I deserve it! :-p
DeleteEven better, law... another buy signal. Tomorrow should close higher.
DeleteCCI say a sell is still possible. hmmm we will see.
Delete