studying stock market trends
Most daily signals are bullish now
I closed my short position, but could not bear to go long the Russell 2000 today. I added bullish positions in a variety of individual shares, but not the broad market.
The volatility spread accurately forecast today’s new high when it turned bullish on 9 January. The cumulative advance/decline study came to the party later, but gave a day’s warning that stocks would rise.
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Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.