The Signal Under The Surface
There’s a hidden signal under the market that is not imminent but is important. Let’s review the timing.
list of daily videos
There’s a hidden signal under the market that is not imminent but is important. Let’s review the timing.
We’ll start tonight’s review with some thoughts on two of the most basic food groups, and two of my favorite charts in this market.
Let’s take a look on how I am combining technicals and AVWAP to nail entries.
ES & SPX have backed off a bit since the run up into the expiration. Additionally, it has been a Fed parade of speakers to deal with and information to sift through. The question now seems to be how far back to anticipate the retracement, thus where to buy it again.
Reversion to the Mean is a fairly common concept in trading, but the real art of it comes from timing the “when”. Let’s look at one way you might consider doing that into the end of the quarter.
If day one of the semi-annual monetary policy report is going to offer traders an opportunity for buys, these are the symbols on the radar.
We have had a strong few weeks with the indexes, and then finally the rest of the market started to come along. But now we are at a point where the markets are very stretched and we should be ready for some sort of pullback or refresh. Once that happens though, I would be interested in buying dips.
Accelerated markets can be very trying for trades waiting for a more significant pullback, aka the mean revision. In this update, I explain what alternative levels are on two symbols on my radar.