Tuesday, March 8, 2016

RL for Mar 8

The daily reversal levels for major indexes and some popular stocks:
* As of today the VIX index is included in the daily free table, replacing the Nasdaq.
* Buy signal for EXAS and SCTY.
* Sell signal for GOOGL.
* Can add to SYNA.
* Can add to shorts in EBAY.

The daily reversal levels for more than 2500 stocks and etf are a available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator. Give it a try.


5 comments:

  1. Hi,

    do you also have daily reversals for futures like Lean Hogs, Coffee, nat Gas, Sugar (all the main commodities)? Thanks.

    ReplyDelete
    Replies
    1. Hi,

      Adding commodity futures is a bit challenging because my method needs continuous contracts (based on front month) and this can lead to big jump in price when the front month changes. That jump may cause a buy or sell signal, where there should be none.

      I did add US Dollar Index (#DX) to the tables today, but most futures are covered via their respective ETF which solves the problem of jumps every month). Currently we have UNG, BAL, CORN, WEAT, JO, NIB, SGG, SLV, GLD, USO ... which represent most of the major commodities.

      Delete
  2. Godd morning,

    as a subscriber I do love your clear and sharp system.
    Would be ever possible to introduce European Stocks?
    Compliments & regads
    Massimo

    ReplyDelete
    Replies
    1. Glad you like the method.
      Currently there are some European and other intl stocks which trade as ADR on US exchanges. Most of them are in the "Other" table.
      I will consider expanding my service to other countries eventually, but first I need to iron out everything for the current market coverage, and as more people subscribe I will see what is the logical way forward.
      For the method it is better to consider the stocks based on their pricing in their main home market and home currency. Because using the ADR also pulls in the fluctuations in EURUSD exchange rate. So, yes, in due time I would rather cover the EU stocks directly instead of the ADR.

      Delete
  3. Godd morning,

    as a subscriber I do love your clear and sharp system.
    Would be ever possible to introduce European Stocks?
    Compliments & regads
    Massimo

    ReplyDelete