CGTS Algo Trading System
CGTS MONDAY: SELLERS IN THE HOUSE? HOW WILL WE KNOW, OTHER THAN THE OBVIOUS WAY, OF COURSE.
Dec. 21, 2020 10:29 PM ET
- A SELLING TIDE; OR A SELLING DRIP?
Last night I watched stocks crash in th futures market; and I watched the Dollar make mince-meat of all other currencies. I wondered if it would last.
Not really. Stocks battled back all day, many finishing in the GREEN.
Yesterday, after our post THE HEALTH OF THE MARKETS went out, we were asked to show how our CROSSOVER SYSTEM worked back in FEB-MARCH 2020, and since.
The first shows both C1=1 and C1=2 CROSSOVER and C1=1 and C1=3 CROSSOVER, which both went negative in FEB/MARCH 2020. Both marked by red boxes. The first went negative with the UDOW at 90.1; the second went negative with the UDOW at 99.39.
The green boxes show when both went positive again, on the same day, 3/27/20, with the UDOW at 40.43. That is a short GAIN of some 60 UDOW points.
On Sept 24, 2020, C1=1/C1=2 CROSSOVER went negative, with UDOW at 70.22. C1=1/C1=3 CROSSOVER did not go negative. C1=1/C1=2 CROSSOVER went positive again (see green box below) on 10/2/20 with the UDOW at 77.13; hence the 7 point losing trade in our CROSSOVER trade in September 2020. Henceforward, we have required both of these CROSSOVERS go negative to SELL THE MARKETS.
A TRADING SELL is clearly not the same thing as a SHORTSELL.
I don't remember ever seeing such an accurate trading instrument.
No new trades today for 3x M2F PLAIN. We are sitting in a BEAR GOLD LONG position but we are not certain of it. Gold is being pulled up and down by gigantic forces. Not a lot of confidence in this UGLDF SHORT/DGLDF LONG TRADE.
FISHNET 3x is LONG CHINA in both directions, LONG YINN, SHORT YANG.
We would LOVE to have an M2F ALT PLAIN system that was as accurate for stocks as it seems to be for 3x issues. We've tried several things to modify our M2F ALT System for stock trading. One idea was to stretch M2F ALT three times to mimic 3x velocity.
I warned you all about this one. Nothing can hold it back? Look how MOMO is swinging up.
Which issues are strongest over the last 3 days.
#2 is SEED, which has aleady moved.
Disclosure: I am/we are long BLNK, GBTC, TSLA, SOLO, LTHM.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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