S&P500 daily update

Like a crime

All of this is mine
All of this is mine (this is mine)
Want it like a crime (this is mine)
Give these lips of mine (this is mine)

PJ Harvey, This is Mine

(From the soundtrack of Stella Does Tricks, 1996, Dir. Coky Giedroyc)

–

The market drops out of the gate and spends the day looking at 2700, back-filling, perhaps threatening to move lower, but holding up above the current support and Buy Signal level, for now.

A pulse high and another projection for a high today from the DB T structure, perhaps an attempt to fill yesterday's gap.

Be prepared for whatever is coming next, and trade with confidence:

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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

Steve Rushton May 16, 2018No Comments

S&P500 daily update

Re: Market closing at 2711

A gap down and choppy grind sideways holding and closing above support.

The current Buy Signal is still active.

Steve Rushton May 16, 2018No Comments

S&P500 daily update

Mercuralia

A gap up open and a visit to the 2742 level initiates a gradual decline in-line with the new T structure's projection for a high. Further consolidation and a pause may be necessary to let off some of the pressure from the rapid move off the recent low.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 15, 2018No Comments

S&P500 daily update

Nova Roma

Another impressive move upwards through the previous high and potentially out of the declining resistance.

Market now displaying some similar characteristics as at the previous recent highs – overbought and perhaps over-stretched and very low put/call ratios – but also showing some bullish divergences with those highs.

An echo high is scheduled for today, and the new T structure projects into early and late next week. The volume oscillator indicates strong breadth and supports the projections for highs with the increasing possibility that the new T structure is larger than currently drawn.

This is looking more and more like a recovery – how the market performs at the next pullback (whenever that occurs) will be revealing.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 11, 2018No Comments

S&P500 daily update

Jerusalem

What is Above is Within … the Circumference is Within, Without is formed the Selfish Center, and the Circumference still expands going forward to Eternity.

William Blake, Jerusalem: The Emanation of the Giant Albion, 1804

–

An impressive move upwards above the important pivot, and into the upper area of the recent triangulation as the market challenges recent resistance.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 10, 2018No Comments

S&P500 daily update

Liberation

A choppy and mostly downward day with a spike high at 2676 and a spike low at 2655, and a positive finish.

Market finding important support and working away at the pivot.

A weak Osc oscillator momentum Buy Signal.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 9, 2018No Comments

S&P500 daily update

Red Cross

A gap up and grind into the resistance of 2681-3, a flush down into 2665 and a bounce into the close.
Something for everyone.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 8, 2018No Comments

S&P500 daily update S&P500 signal

Hodie

Hodie
aperuit nobis
clausa porta
quod serpens in muliere
suffocavit,
unde lucet in aurora
flos de Virgine Maria.

Today
was opened unto us
a shut-up gate.
For the serpent drew it tight,
in woman choked –
yet from it gleams within the dawn
the Virgin Mary’s flower.

Hodio apercuit nobis, Psalm antiphon for the Virgin by Hildegard of Bingen, c. 1163-1175

–

An S/T Buy Signal at 2649 as the market takes another quick look at 2615 (the 200 day moving average) and moves rapidly higher.

A move up above the recent declining resistance line and (perhaps) a sign that the market is now able to move higher.

And with a very strong upward move in the T volume oscillator, it appears that a new T structure is emerging.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 6, 2018No Comments

S&P500 daily update

The Force

May the Force be with you

Star Wars, 1977, Dir: George Lucas

–

Another Sell Signal recovery as the market takes another look at the 200 day moving average.

S/T SELL Signal still active but position neutral, for now.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 4, 2018No Comments

S&P500 daily update

Solaris

Man has gone out to explore other worlds and other civilizations without having explored his own labyrinth of dark passages and secret chambers, and without finding what lies behind doorways that he himself has sealed.

Stanisław Lem, Solaris, 1961

–

Market rollsover after the FED announcement initiating a Sell Signal at 2650 in a similar reaction to the previous announcement on 21 March. Continuing the theme of declining resistance to price and selling of strength.

Be prepared for whatever is coming next, and trade with confidence:

Steve Rushton May 3, 2018No Comments

“Simplicity is the ultimate sophistication.”
Leonardo da Vinci

“Imagination is more important than knowledge”
Albert Einstein

“All of our days are numbered. We can not afford to be idle. To act on a bad idea is better than to not act at all because the worth of the idea never becomes apparent until you do it. Sometimes this idea can be the smallest thing in the world; a little flame that you hunch over and cup with your hand and pray will not be extinguished by all the storm that howls about it. If you can hold on to that flame, great things can be constructed around it; things that are massive and powerful and world changing. All held up by the tiniest of ideas.”
Nick Cave, 20,000 days on Earth

2026 Positions

(All numbers refer to SPX)

S/T BUY Signal at 7586 on 04 June

COVER Signal at 7554 on 03 June

S/T BUY Signal at 7413 on 20 May

COVER Signal at 7411 on 15 May

S/T BUY Signal at 6457 on 31 Mar

COVER Short Signal above 6398 on 31 Mar

S/T SELL Signal at 6543 on 26 Mar

S/T BUY Signal above 6600 at 6620 on 25 Mar

COVER Short Signal above 6567 on 25 Mar

S/T SELL Signal below 6554 on 24 Mar

COVER Short Signal above 6581 on 24 Mar

S/T SELL Signal below 6554 on 24 Mar

COVER Short Signal above 6581 on 24 Mar

S/T SELL Signal below 6554 on 24 Mar

COVER Signal at 6590 on 23 Mar

S/T BUY Signal at 6623 on 23 Mar

COVER Short Signal above 6563 at 6600 on 23 Mar

S/T SELL Signal at 6666 on 18 Mar

COVER Signal at 6693 on 18 Mar

S/T BUY Signal at 6729 on 16 Mar

COVER Short Signal above 6668 at 6698 on 16 Mar

S/T SELL Signal at 6756 on 11 Mar

S/T BUY Signal above 6826 on 10 Mar

COVER Short Signal above 6792 on 10 Mar

S/T SELL Signal at 6765 on 10 Mar

COVER Short Signal above 6772 on 09 Mar

S/T SELL Signal below 6810 on 06 Mar

COVER Short Signal above 6822 on 05 Mar

S/T SELL Signal below 6822 on 05 Mar

COVER Signal below 6849 on 05 Mar

S/T BUY Signal at 6882 on 04 Mar

COVER Short Signal above 6849 on 04 Mar

S/T SELL Signal below 6845 on 03 Mar

COVER Short Signal above 6877 on 02 Mar

S/T SELL Signal below 6850 on 02 Mar

COVER Short Signal above 6857 on 27 Feb

S/T SELL Signal at 6857 on 27 Feb

COVER Signal below 6884 at 6857 on 27 Feb

S/T BUY Signal at 6884 on 23 Feb

COVER Short Signal at 6850 on 23 Feb

S/T SELL Signal at 6837 on 23 Feb

COVER Signal at 6864 on 23 Feb

S/T BUY Signal at 6883 on 18 Feb

COVER Short Signal at 6834 on 17 Feb

S/T SELL Signal at 6888 on 12 Feb

COVER Signal at 6915 on 12 Feb

S/T BUY Signal at 6899 on 06 Feb

COVER Short Signal at 6938 on 06 Feb

S/T SELL Signal at 6901 on 04 Feb

COVER Short Signal at 6915 on 03 Feb

S/T SELL Signal at 6915 on 03 Feb

COVER Signal at 6942 on 03 Feb

S/T BUY Signal at 6968 on 02 Feb

COVER Short Signal at 6938 on 30 Jan

S/T SELL Signal at 6910 on 30 Jan

COVER Signal at 6940 on 30 Jan

S/T BUY Signal at 6934 on 29 Jan

S/T SELL Signal at 6907 on 29 Jan

COVER Signal at 6934 on 29 Jan

S/T BUY Signal above 6905 at 6923 on 22 Jan

COVER Signal at 6849 on 21 Jan

S/T SELL Signal below 6894 at 6843 on 20 Jan

COVER Signal below 6925 at 6843 on 20 Jan

S/T BUY Signal at 6961 on 15 Jan

COVER Signal below 6934 at 6925 on 14 Jan

S/T BUY Signal above 6890 at 6900 on 05 Jan

COVER Short Signal at 6864 on 02 Jan

S/T SELL Signal at 6837 on 02 Jan

Mission

It has been my Mission to create a simple but effective method for investing in the stock market, so that I would always know what to do regardless of the circumstances.

The result is a rigorous system which allows the market to tell you what to do, when to Buy, when to Hold, when to Cover, and when to Sell, and it removes the need for you to have any opinion whatsoever.

And so, I present to you the diary of my personal trading system, and a record of the signals that it is producing. You are welcome to follow me along but please understand that the information posted here is for entertainment purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

Please sign up for my occasional FREE REPORTS and if you would like to find out more and receive my email alerts and more detailed observations, please SIGN UP HERE

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“In the end, I’m not interested in that which I fully understand. The words I have written over the years are just a veneer. There are truths that lie beneath the surface of the words... truths that rise up without warning, like the humps of a sea monster and then disappear. What performance and song is to me is finding a way to tempt the monster to the surface, to create a space, where the creature can break through what is real and what is known to us. This shimmering space where imagination and reality intersect... this is where all love and tears and joy exist. This is the place. This is where we live.”
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“If you're going to try, go all the way. Otherwise, don't even start. This could mean losing girlfriends, wives, relatives and maybe even your mind. It could mean not eating for three or four days. It could mean freezing on a park bench. It could mean jail. It could mean derision. It could mean mockery--isolation. Isolation is the gift. All the others are a test of your endurance, of how much you really want to do it. And, you'll do it, despite rejection and the worst odds. And it will be better than anything else you can imagine. If you're going to try, go all the way. There is no other feeling like that. You will be alone with the gods, and the nights will flame with fire. You will ride life straight to perfect laughter. It's the only good fight there is.”
Charles Bukowski, Factotum, 1975

>“The mind is a glass floor.
The mind is the spirit’s tear.
The mind is our prior and subsequent ghost.
The mind is the Bullion Express and the blood on the tracks.
The mind is a stone door.
The silver on the backs of mirrors.
The wave that defines the coast.
It’s what the drunk grave robbers couldn’t stuff in their sacks.
The mind is the sum of all and more.
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The contract between the lash and the whipping post.
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A meaningless argument among whores.
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The parking lot at the Mall of Fears.
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The mind is neither either nor or.
The real center of an empty sphere.”
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