THE SHORT-TERM MODEL HAS NO IDEA ABOUT THE TREND HOLDING BOTH LONG (TRAPPED) AND SHORT OVERNIGHT
The bottom line, the close was strong but I don’t think it means today’s drop is just one day event. I’ll as usual present my witness in tonight’s report.
A little bullish biased toward tomorrow for 2 reasons, not much edges, just a little better than random though.
- When both VIX and SPX down on the same day, buy at today’s close, sell at close tomorrow, you’d have 61% chances. Yes, I know you’d ask what if SPX down big while VIX in red? I will answer this tonight, not much edge for tomorrow, that’s for sure.
- The next day after a Major Distribution Day had 62% chances to close in green.
thx,ding
Cobra…long time follower, just signed up!!!…lets do this!!…thanks for what you do
Thank you, thank you, appreciate! 🙂
Great weekend call about12/8 low revisit , love the chart with the possible outcomes for the week. Would be a nice addition to your weekend report about potential direction each week.Signed up for your service.Keep up the great work, love when you include odds probabilities.Thanks again.
Thanks, really appreciate. I’ll try to explain all the possible route and my bias in my report if possible. Thanks for the suggestion.
I concur with tytobebad. Great call Cobra over the weekend re. Thursday’s low will be revisited. Amazing!
Cobra correctly predicted that 12/8 low will be revisited within 2 trading days! Truely amazing. I signed up your service last week, and this is my first comment on your web site. Do you think we still have a santa clause rally then? In other words, do you think that the market will end the year higher than today? Thanks!
Thanks for registering.
I still believe Santa Rally. No evidences if we end the year higher than today though.
今天的 intraday watering 是对大众开的吗？ 还是只有member 才能看？
我还没有开始测试呢。大家要求帮助注册的很多，所以早测试了没有用，这些问题还是要先解决的。