Wednesday April 13, 2016

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7 Comments on "Wednesday April 13, 2016"


  1. Patiently waiting for that big move

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    1. Check back Monday?

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  2. Some one pointed out that this was a triangle with a thrust up move that is likely a heat fake.

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  3. Also what do you make of the fact that the international indexes are rallying now. Did we have our dip albeit brief already?

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    1. No way. Just a Bear Market rally

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  4. Storm, with the new measurements, how will you determine buy and sell signals? And do they need to be backtested for reliability to ensure minimal whipsaw? I plan to follow your signals to see how well they work before subscribing later on. Thanks again for your thoughts and analysis of this market. I hope VIX will come to life again soon. Still holding underwater SPXS position and just drawing down at each rally pivot. Take care and hope the bears get some love tomorrow. Will try a long position at 2065ish with stop below 2060 in that case.

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    1. I use crosses usually, and only note divergences since those can be negated. I do my own backtesting, so that another reason they will take a little time.

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