US markets - Timing Model

Leslie Gray Has Had Over 25 Followers Rank: 44 Followers: 21 Votes: 0 Years Member: 1 Last Update: 16 May 2013, 19:10 Categories: Market Timing
Sentiment Analysis
ETFs

02/24 - Short. May bounce a bit for a month, but short at ~1525 is good for now. Nice Long run, though
01/01 - Long. Actually flipped long at the close on 12/30, but I was skiing.....
12/26 - short on close. No resolution of fiscal cliff until after Jan 3, when Boener gets reelected speaker. Also, resolution priced in already, as is the Santa rally
12/19 - cash on the close
12/17 - Long on the open (I update charts 2 and 3 more often than this written discussion)
12/13 - cash. (1 hour chart, 10 min chart = short, short).
12/12 - Cash. reversal candlestick on several indices. Another dark cloud/ bearish engulfing candlestick on RUT. Classic 'sell the news'?
12/11 - Long
12/03 - Cash.
11/19 - Model turned long on Monday. Sorry for the delay in updating
11/16 - Short. Astonishingly steady drop. Amazingly low volatility, given the decrease in the market. Wierd
11/14 - still Short. Looking for a capitulation signal
11/7 - Short
11/5 - cash. Model is neutral.
11/2 - still short. Dark cloud or bearish engulfing candlestick pattern on most indices. Tomorrow could be an 'up', but longer term, not good
10/22 - Short. Looks nasty
10/16 - Long at close
10/16 - Cash. Model went to cash over the weekend.
10/11 - still Short.
09/24 - Short.
09/23 - Cash. Correction due. TRAN looks very prescient.
09/16 - Long. Very overbought. I expect a correction to relieve this overbought condition, but overall, money is moving to risk from safety. Put options when a topping pattern develops....
09/10 - Long. Strong broad market move switched model. Somewhat overbought. Expect a bit of bouncing. Still very large risks to down side, so some protection is nice. I expect a move up to Thurs Fed, then some disappointment.
09/06 - OK that was clearly wrong, as was evident before the market opened today. (Don't take a position without having signal agreement from the hourly - chart 2). This remains a news-driven market. More analysis later.
09/05 - late. Model is actually short, not cash. Sor

Less

A - Signal - summary of model

This is a summary of the trades recommended by the model on the Russell (IWM). Not perfect, but....

The pages following are a portion of the charts that are inputs into the model (along with other data).

Caveat Emptor

Ab - IWM - hourly

Move when 3/4 of the lower indicators change sign

Cash when 2/4 change, and ULT and RSI both drop from high

Ac IWM - 10 min Candlesticks, 700

Ad IWM - 10 min Renko, 700

bab - $SPX - Daily Candlesticks, 700

Bb - RSP (equal weight S&P)

Bc - $NDX - Daily Candlesticks, 700

Buy on ULT cross of 50. Confirm with decreasing MACD cross
Cash on ULT extreme (70/30) or RSI extreme (70/30)
Sell on MACD cross

Bcc - QQQ - Daily Candlesticks, 700

Bd - $RUT - Daily Candlesticks, 700

Be $NYA - Daily Candlesticks, 700

$NYLOW peaks good for identifying washout lows. Go to cash on these events

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.