S&P500 signal - Trading the Line

Falling

You don't want to go there
Let me lead you by the hand
You don't want to be there
Over the sea and down to land
As I look into your eyes
I pay no mind
I found the way
To get inside you
I'd give you peace of mind
Am I see you falling?
Am I see you falling?
Am I see you falling beautiful
The same

Ian Brown / UNKLE, Be There, 1998

–

The market opens lower in-line with expectations for a potentially important high in the 8-10 August time-frame.

A COVER Signal at 2838 with the market dropping below the 2842 level and failing to recovery back above.

The T volume oscillator moves lower, now negative, and the Osc oscillator turns down.

We will await the next signal.

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

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intraday alerts when appropriate, please become a Member and Sign up for Alerts & Observations – includes access to Members Area and the Explanatory Notes for all of the concepts discussed.

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 August 11, 2018No Comments

S&P500 daily update S&P500 signal

Frontera

The market opens down just below the important 2800 level and rapidly moves higher, triggering an S/T Buy Signal as it moves up and holds above 2822 into the close.

Still some warnings as the Osc oscillator continues to decline and makes a 'Sell' Signal.

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

Steve Rushton August 3, 2018No Comments

S&P500 intraday update S&P500 signal

S/T BUY Signal at 2822

Market opens lower but finds buyers below 2800 and climbs higher, triggering an S/T Buy Signal at 2822.

Steve Rushton August 3, 2018No Comments

S&P500 daily update S&P500 signal

Falcon

The market sells down from the open, drops through 2820 and initiates a cover signal.

The bounce off 2807 is not enough to re-activate the Buy Signal and the market will need to re-establish its bullish intent.

Still, considering the drop, the oscillators remain positive for now.

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

Steve Rushton July 29, 2018No Comments

S&P500 intraday update S&P500 signal

COVER Signal at 2820

A COVER Signal with the move below 2820 and although the market attempted to recover it was not quite enough to hold onto the Buy Signal level.

We will await the next signal.

Steve Rushton July 27, 2018No Comments

S&P500 daily update S&P500 signal

San Fermin

Another gap and another S/T Buy Signal at 2726. This time with follow through into the close and with improvement that confirms the new small T centered on the 27 June price and oscillator low.

Starting to move above the declining resistance – perhaps another attempt at the recent high.

Next negotiation is the combination of a pulse and echo high scheduled for monday.

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

Steve Rushton July 6, 2018No Comments

S&P500 daily update S&P500 signal

Brissarthe

An S/T BUY Signal at 2729 and the market reaches out to 2740 to find declining resistance still very much active.

Buy Signal not confirmed as the market drops back into the close.

Market neutral but vulnerable.

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

Steve Rushton July 2, 2018No Comments

S&P500 daily update S&P500 signal

Heimerad

The market makes a failed attempt at a Buy Signal at 2745 and quickly reverses, moves below 2731 and triggers a continuation Sell Signal which continues down into the close.

Continuation Sell Signal at 2730, cover at the close to protect from an overnight bounce.

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

Steve Rushton June 28, 2018No Comments

S&P500 daily update S&P500 signal

Hamelin

Market gaps down below the S/T SELL Signal level and initiates strong selling into the 2700 'support' area.

Strong buying in late afternoon bounce.

Recommend a Cover position at the close.

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

Steve Rushton June 26, 2018No Comments

S&P500 intraday update S&P500 signal

COVER Signal at 2762

The market gapped down and although it did recover significantly from the lows of the day, it did not close back above the Buy Signal line.

Steve Rushton June 19, 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 SELL Signal active below 7462 st 7440 on 17 July

COVER Signal below 7522 at 7440 on 17 July

S/T BUY Signal at 7398 on 29 June

S/T SELL Signal active below 7344 on 26 June

COVER Short Signal above 7361 on 25 June

S/T SELL Signal below 7422 on 23 June

COVER Signal below 7452 at 7365 on 23 June

S/T BUY Signal at 7500 on 18 June

COVER Short Signal at 7500 on 18 June

S/T SELL Signal at 7424 on 17 June

COVER Signal at 7454 on 17 June

S/T BUY Signal at 7404 on 11 June

COVER Short Signal at 7337 on 10 June

S/T SELL Signal at 7462 on 05 June

COVER Signal at 7553 on 05 June

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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“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.”
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