CGTS TUESDAY: MORE LACK OF DIRECTION IN THE MARKETS
CGTS Algo Trading System
CGTS TUESDAY: MORE LACK OF DIRECTION IN THE MARKETS
May 18, 2021 9:18 PM ETOTC:GBTC
THIS will be a short post. My wife is ill; and I need to help with her.
Our short-term internals have improved numbers.
MOMO1 is now 72% bullish. That means a lot of the market is short-term bullish. The indexes struggled all day; and fell apart in the last hour.
The last 10 days show an increase in bullishness in the CGTS database.
C1=1, BUY, is +4 today. And C1=4, Bearish BUY, +16. The two SELLING category, C1=2, Bullish Trading Sell, =17 and C1=3, SHORTSELL, -21. So the BUYERS have come back.
The BUY-SELL RATIO measure exactly this.
Below .50 means SELLERS ARE WINNING. .61 today.
CROSSOVERS
Bullish.
CROSSOVER TRADE, continuing LONG.
The market is clearly gyrating back and forth. It is MAY afterall.
EWSignals. 5 of 6 bullish.
ULTIMA RAW remains stubbornly bearish -- and never did become bullish in the last month.
The orange line is ULTIMA RAW.
Intermediate: everything bullish.
GBTC finally tilted the machine C1 has crossed into BEARISH.
MONTHLY, not bearish; but that is a big ugly red candlestick.
RE: ULTIMA RAW. We have a secondary ULTIMA indicator that attempts to generalize. Red-Orange line. This is a fairly successful trading system when used with COUNT1.
Note how ULTIMA LEVELS almost always falls to -1 when C1 goes bearish. Not always.
3x_M2F_ALT_PLAIN_PORTFOLIO_5_18_221.xlsx
HEADLINE NEWS
And split home countries in two also. DUALISM in action.
See what I mean. The party of science needs some remedial study in nature's basics.
Are men being cancelled?
How did this get into the news?
Bonnie Prince Harry should go home, and take his wife with him. She's a fraud and he's following her around like her dog.
Is this how WORLD WAR III begins?
Is this a picture of runaway inflation?
Is EVERYTHING about RACE? ASK THE MEDIA: apparently it is.
THIS WAS A TEST, AND WE FAILED
Now WHO is the liar?
Disclosure: I am/we are long CWLIST.
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