Money on the Sidelines...

...and the centre circle and the half way line and the...

Huh if this system is in any way similar to those used by people with oodles of cash… The third green light still hasn’t been triggered yet!! Are there still people who have to buy this or increase their position sizes? For new subscribers (thank you for joining) the green lights are as they impact the SPX.

Daily measures

Hourly measures

Could we see a blip on the short term?

Well yes we could, but…

The big boys with lots of money have only just started buying. Can the little guys overpower the big guys?

This is why it is important to view across timeframes. Exactly the structure that pushed me to say to start a small call position using the hourly timeframe, is now in place on the daily. So we have to balance “I can capture this and wait for the next pullback maybe even short” Well yes you could. You could also congratulate yourself on a good trade and treat this leg using daily measures as just another trade.

Who knows?

Performance:

• Current closed equity return = 19.9%

• Current open equity return = 26.6%

• If all current positions close at stops, our return = 21.1%