What happens next is amazing.
As price climbs higher, the price from a few months ago is used as the stop.
That way plenty of room is given for the S&P 500 to trend.
All this is contained in seven lines of C code.
You may be wondering..."what's it saying now?"
Good question!
It's on a "buy" signal for the S&P 500 (SPY).
When trading the S&P 500, the win rate jumps up to 78%.
Pretty interesting how that's lining up with my "once in a decade" buy signal I've been talking about.
A quick recap on that:
- Wrong-way S&P 500 futures traders are short billions according to the COT reports
- Sentiment was the lowest since 1990 (although I think I've clearly debunked AAII sentiment having any predictive power, but I thought I'd list it here for consistency)
- The best time to buy stocks is typically when they announce a recession (after 6 months of declining GDP)
- Globalist think tanks like McKinsey are talking about spending $275 trillion to combat "global warming" which will kick the can down the road on debt.
- A series of 90% up volume days on the NYSE, which is typical of what you'd see at a bottom.
So far, so good!
P.S. We all know market makers make billions in profits and are extremely consistent. In fact, Virtu had an over 1000-day win streak.
Want to learn how to trade like 'em? Now is the time.
Download the guide >>
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