CGTS Algo Trading System
CGTS WEDNESDAY: NICE DAY TODAY.
May 26, 2021 9:16 PM ETDPST
Since we missed yesterday, we want to get this in first today.
Everything remains bullish. ALMOST everything.
Very bullish short-term picture.
Both C1 Crossovers (top row) must go negative for us to SELL/SHORT the markets.
Note: a lot of 3x ETFs split their shares today. BEWARE.
3x Trading: We are looking at one NEW 3X TRADE today, LONG DPST, Regional Banks Bullish.
If you look in the top pane of the chart above you will see a new form of MOMO, MOMO TOP SURPASS or MOMO SPIKE, which we think might become a very good trading system. It is not ready, we are testing it. We had no BUY SIGNALS today; but we do have recent TRADING SELL SIGNALS which show its promise. Trade in main PRICE Pane.
We are trying to keep an eye on COUNT3 SPIN WEEKLY CHANGES. Bullish changes first; Bearish changes next.
YAWN. "QUANT REBALANCE". YAWN.
WAIT. SAINT GRETA SPEAKS.
JEFF BEZOS speaks also.
Disclosure: I am/we are long Closely watched list.
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.