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Yes good to see you're still around Mr MRC :)

Russell not very happy overnight, still holding the trend line but with Vix sell signal on board now it all looks a little more interesting
 
sinner said:
Hi frinky,

Exactly as I stated:



Secondly, the McClellan Summation Index is cumulative and this is what I watch most closely. The divergence is clearly marked.

Thanks for your thoughts :)

MRC, the AD line I used to get 10-sma of, calculation here:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:advance_decline_indi
Code: 
=AD Line (previous value) + Net Advances (current value)
Click to expand...

all good sinner:)

Good luck with the short:)

MRC & Co said:
Yep, still float in and out from time to time Frink. :) Hope all is well with you and the trading is doing well! I get what you mean now, sorry misread and thought you meant the adv/dec line was measuring % moves, didn't see the part where you talked about the earlier results dropping out of the calc.

Thx for the link Sinner.

:)
Click to expand...

yeah trading is going quite nicely MRC, been a little bit of a slow start to the year, went flat before Christmas looking to jump on board an early year pullback when I got back into the swing of things, so unfortunately missed a bit of this recent rally. Hope all is going well for you:)
 
Edwood said:
Yes good to see you're still around Mr MRC :)

Russell not very happy overnight, still holding the trend line but with Vix sell signal on board now it all looks a little more interesting
Click to expand...

howdy Ed:)

I'm in 2 minds about things currently. Vix had moved into a very oversold position by my reckoning earlier this week, but I've only really found it to be a short term(less than 2 weeks) bearish scenario for the SPX.

Most of the analysis I'm doing, and seeing from other people suggests that if we do pop down a few % from here that it's most likely just another dip buying opportunity.

Of course that could all change as things develop further:2twocents
 
professor_frink said:
I've only really found it to be a short term(less than 2 weeks) bearish scenario for the SPX.

Most of the analysis I'm doing, and seeing from other people suggests that if we do pop down a few % from here that it's most likely just another dip buying opportunity.

Of course that could all change as things develop further:2twocents
Click to expand...

hey G, how's things??

yeah there's plenty of potential to continue higher, climbing this wall of worry - but doing a bit of trawling around the traps there are some extreme readings around which come along pretty infrequently (could all just be a reflection of the extent of underlying stimulus mind) so that's got me watching more closely for a potential turn.

Key as always is not to try to anticipate it!!
 
clear 5 down off the highs now for FTSE on the hrly, and RUT is out of its trend line support.

early days - but looks to be some strength behind it....
 
sad days for the people of Christchurch :(

Thought this was interesting - shows the dates of the first major Christchurch earthquake (Sept 4, a Saturday) and the latest one, against the NDX....

2cdemx5.jpg
 
decent pop following the EU decision, strong day shaping up for Europe, FTSE pointing >2% gap up for the open
 
13,500 looking likely next.
Seen some NZD-USD targets for year end which imply 14,250 area for Dow, assuming similar % change.
if you believe in the 'all-one-market' model mind....
 
Hi guys, I'm wondering if anyone has an opinion on which international index futures behave "similarly" to the SPI200? I don't mean correlated with the SPI200, but rather the market movements have similar characteristics.

I've written a trading bot for the SPI200 futures that is currently forward testing on a single contract. I'm curious to see whether the same or similar algo would work for other futures markets. It's based on 5-second bars though, so pulling the historical data off IB to backtest is non-trivial. As such, I thought I'd ask if anyone with more experience has an opinion on which futures contracts make the most sense to go for. Down Jones (INDU)? Mini Dow (YM)? FTSE100 (Z)? S&P500 (SPX)? HSI?

I get the impression from the HSI thread that it's more volatile than the SPI, because the index covers fewer sectors, so maybe the US/UK indices are a more sensible first punt?

Cheers,
 
Punta said:
Hi guys, I'm wondering if anyone has an opinion on which international index futures behave "similarly" to the SPI200? I don't mean correlated with the SPI200, but rather the market movements have similar characteristics.

I've written a trading bot for the SPI200 futures that is currently forward testing on a single contract. I'm curious to see whether the same or similar algo would work for other futures markets. It's based on 5-second bars though, so pulling the historical data off IB to backtest is non-trivial. As such, I thought I'd ask if anyone with more experience has an opinion on which futures contracts make the most sense to go for. Down Jones (INDU)? Mini Dow (YM)? FTSE100 (Z)? S&P500 (SPX)? HSI?

I get the impression from the HSI thread that it's more volatile than the SPI, because the index covers fewer sectors, so maybe the US/UK indices are a more sensible first punt?

Cheers,
Click to expand...

hi Punta - haven't looked at SPI for ages, however in the past the main similarity with Z is behaviour around gap opens

Good luck
Ed
 

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