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IT Buy Signal on SPY and QQQQ


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#1 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

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Posted 02 September 2010 - 04:32 PM

Use at your own risk. System is still under testing. Opens and closes trades at the market close.

Sharing purely out of courtesy.

Recent trades (keep in mind we've had a very sideways market since the "Flash Crash"...fortunately this will eventually change):

June 10th - Long
S&P - 1087
NDX - 1830

June 24th - Neutral
S&P - 1074
NDX - 1845

July 9th - Long
S&P - 1078
NDX - 1815

Aug 11th - Short
S&P - 1089
NDX - 1845

Sept 1st - Long
S&P - 1080
NDX - 1820

Sept 2nd (Today) - Long
S&P - 1090
NDX - 1841

Edited by Sharpe Trader, 02 September 2010 - 04:32 PM.

"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#2 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

  • Traders-Talk User
  • 1,638 posts

Posted 02 September 2010 - 05:05 PM

Sept 1st above should read "Neutral"
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months