by Administrator | May 17, 2019 | Members
The model on a weekly basis worsened strongly to -9, and the market broke the 2864 SPX level on a closing basis on the death. The Daily Model has been in Risk On for 3 weeks now, the Monthly since 1st May. But the Weekly Model has NOT triggered AGAIN by 3 point....
by Administrator | May 16, 2019 | Members
Riskdial improved significantly to +15. And nothing to do with the 2864 level. Is it not amazing how asset spreads themselves recognize that pivotal level in just equities? Personally, I am amazed. The Deviations green area does not come in till SPY 276. But if the...
by Administrator | May 15, 2019 | Members
Riskdial still negative @ -14. This small improvement is not material. As highlighted yesterday, small improvements in risk assets are the norm in the 2-3 day timeframe. The Deviations green area does not come in till SPY 275.3, so market could still fall 2-3% before...
by Administrator | May 14, 2019 | Members
Riskdial still negative @ -18. This small improvement is not terribly material. As highlighted yesterday, small improvements in risk assets are the norm in the 2-3 day timeframe. The Deviations green area does not come in till SPY 275, so market could still fall 2-3%...
by Administrator | May 14, 2019 | Members
The model had a today the second lowest score day over day delta change since inception. Short-term this has historically lead to light bounces, see below for the walk forward analysis from 1 day to 50 days (formatted numbers): ...
by Administrator | May 13, 2019 | Members
Riskdial down dramatically @ -31. A true 13th date move. And we still have Friday 17th this week too… I checked the components and all the defensive sectors are up against the risk sectors, while bonds/equities have crossed all relevant MAs, so a true risk off move....
