Trading the Line

COVER Signal at 2929

Initial strength at the Fedspeak is sold into heavily and the market rapidly declines into the 2920s to close below the Cover Signal line.

Cover Signal at 2929.

…

Steve Rushton May 1, 2019No Comments

S&P500 daily update

Calan Mai

The market slides out of the gate, takes a look at 2925 and powers back to the highs.

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 1, 2019No Comments

S&P500 daily update

Beltane

The market continues higher with a look at 2949 before fading somewhat into the close.

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

Steve Rushton April 30, 2019No Comments

S&P500 daily update

Wind

The market pushes higher and accelerates into the close.

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

Steve Rushton April 28, 2019No Comments

S&P500 daily update

Arbola

Early weakness and a test of 2913 finds buyers for another look at the 2930s as the market continues to be resilient at the new high.

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

Steve Rushton April 26, 2019No Comments

S&P500 daily update

Helix

Another look at the 2936 level as the market takes a pause after the echo high.

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

Steve Rushton April 25, 2019No Comments

S&P500 daily update

Mirror

The market heads higher into another echo high and the current Buy Signal continues into the all time high.

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

Steve Rushton April 24, 2019No Comments

S&P500 daily update

Gorge

The market opens lower and finds early strength to hold above 2900.

An echo high is scheduled for today.

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

Steve Rushton April 23, 2019No Comments

S&P500 daily update

Oeuf poché

The market shrugs off the early morning nerves and holds up above the Buy Signal line into the Easter break.

Light holiday week action without a catalyst for selling, yet, with the expectation of a continuation of range-bound processing of 2900 until a decision is made either to proceed higher, or to break lower and re-stabilize again.

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

Steve Rushton April 20, 2019No Comments

S&P500 daily update

Pesach

The market winds down into the Pesach / Passover / Easter / Eostre / Ostara weekend with a series of looks higher, at 2910 to 2916.

A small megaphone suggesting that the market is not yet ready to move above this level, and the T volume oscillator turns negative flashing a warning.

Price has remained firmly above the S/T Buy Signal level since the gap up on 29 March, but that now looks under threat.

The market is currently at a long projection from the main T structure for a high from the important 29 August high with additional highs projected by the smaller structures for early next week.

Spring in the air.

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

Steve Rushton April 18, 2019No 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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