Thursday, March 31, 2016

Mar 31 - Interesting bullish post from Paststat

with 1DOM ( 1st day of the month ) around the corner ,
below the trading strategy rules,

1) as on the last trading day of the month $SPY gained by more than 5% for the month
2) tomorrow is 1DOM

below the trading odds for $SPY longs , for the next 1/2/3/4/5 trading days ,since Y2K

24/24 times  $SPY closed  higher than the current close at some point of time in the next five trading days .. 

with an average loss of 102 basis points at the 1st positive close within in the next five trading days. five trading days. 

No comments:

July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...