BUY ! : Market update

Just two months ago, a SELL signal was given and confirmed by my systems. September return was -2.54 % , but October was one the best trading month since 2011 with 8.51 % return . Because of this Huge momentum 2 out 3 systems gave a BUY signal. Let's take a closer look

System 1 : SPY vs 200 ma

This system has been very reliable for a long time. As you can see on the main chart ,The SPY closed above it's 200 MA at the end of the month, singling a BUY signal.

System 2 : AK_Trend ID

I use the SPX500 (CFD) with this indicator . At the end of the day , Friday, the signal was negative, but very close to cross above zero. Since the SPX 500 trades 24/6 , we got a BUY signal on Sunday night.

System 3 : S1TH or S&P 100 stocks above 200 ma

this is another reliable system to determine if one should invest or stay on the side line, This indicator is useful for conservative investors. As a rule , a reading above 65 % would confirm a BUY signal, which is not currently the case.

2 out 3 systems confirm a BUY signal , so i will be opening a new position in SPY in the morning,

Happy trading to you all and see you all.

Cheers

Algo

Сделка активна:

buy SPY

Сделка активна:

The trade is still open. SPY remains above its 200 ma and AK_ TREND ID is still positive.

Сделка закрыта вручную:

SPY < 200 MA
AK TREND Indicator is still positive
S1TH < 65 %

t's been one of the most volatile quarters since 2008, but 2/3 systems are negative so we are closing this trade and the year with a small loss.

Happy New Year and all the best in 2016.

Cheers

Algo

Комментарий:

aren't you glad we are in cash ? :D