Interesting and useful, how novel...

Thursday 27 June - Daily Equity Update

The vibrations continue..

Back to full long at the index level.

Daily timeframe signal strength over multiple durations.

Interesting seasonality view.

I am trying to make catchy visuals. Anyone can make a clickbait indicator to get people interested. Hopefully, this one is simple to follow and is useful.

It’s another way to visualise my trend wavy line charts. I think this will illustrate why I use ∆2 as my trend level. You can see here that SPY price spends ~83% of the time above ∆2.

Shown here in green and yellow. Below that it spends little time but volatility increases and price moves increase.

I use futures to express my positions. When this indicator and all the others I share are green, I’m long SPX/SPY as these periods often showcase lower levels of volatility with the index grinding higher which all translates to low stress for my long position. When we see periods of yellow, I use options to augment my existing long SPX position

Long put spreads short 1 put @ ∆2 and long 2 puts @ ∆4 is a good example.

Below that and again in combination with all the other indicators I share I will be looking to close the long futures and focus on keeping my pot instead of focussing on growing it.

I am a random dude on the internet none of this is trading advice this is me sharing my portfolio and trying to share how I think about things. Do your own research we are all grown-ups here.

Some sales were triggered today, putting closed equity at +18.2% since November.

Since they are gone here are the closed trades since the Sunday rebalance.

We of course ignore the red ones because we are colour blind to those.