The next turn or acceleration risk window appears to be this Wednesday November 25th. So far the window at the end of last week hasn't done much, but it's only the first day out. The trading system remains invested, but given the craziness going on, a whipsaw seems likely since one of my favourite short term indicators (turn up from a low in the $VIX/$VXV ratio) looks like it wants to give a sell signal today.
Regards,
Douglas
Douglas Trading System
Started by
Douglas
, Nov 23 2015 11:19 AM
3 replies to this topic
#2
dasein
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Posted 23 November 2015 - 01:03 PM
statistically you want to be long Weds before TG.
best,
klh
klh
#3
Douglas
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Posted 23 November 2015 - 01:59 PM
statistically you want to be long Weds before TG.
Well, that fits well with the short term indicator giving a sell signal today and the turn or acceleration risk window Wednesday. Acceleration days are rare, so a turn back up Wednesday might be in the cards if the market slides down a little into the middle of the week. Given the market response to the latest black swan event, it's hard to get all beared up. It guess it will take a black swan the size of a B-52 to turn this market down very far.
Regards,
Douglas
Edited by Douglas, 23 November 2015 - 02:00 PM.
#4
Douglas
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Posted 24 November 2015 - 08:31 AM
statistically you want to be long Weds before TG.
Well, that fits well with the short term indicator giving a sell signal today and the turn or acceleration risk window Wednesday. Acceleration days are rare, so a turn back up Wednesday might be in the cards if the market slides down a little into the middle of the week. Given the market response to the latest black swan event, it's hard to get all beared up. It guess it will take a black swan the size of a B-52 to turn this market down very far.
Regards,
Douglas
Well, the black swan du jour wasn't a B-52 but instead a Russian fighter jet. I assume the Russian reaction to it being shot down by NATO ally Turkey will determine how big this bird is.
Regards,
Douglas
