Updated

A.I. Driven SPX Model Trades for Wed 06/12

This Morning's "No Inflation, No Problems" (Good) News Bad for the Markets?

The CPI release this morning points to no concerns about inflation or the health of the economy. While this is good for the common man, and the general well being of the economy, the equity market players could take this as a bit disappointing to their hopes of an imminent Fed rate cut.

Our models indicate chances for stalling in the markets today while the recent steep gains consolidate. They indicate the following trading plans for the regular session of the S&P 500:

Note

Medium-Frequency Models: For today, Wednesday 06/12, our medium-frequency models indicate using the 2895 as a pivot point - opening a long on a break above 2895, and opening a short on a break below 2895 (wait for a close on at least a five minute chart to determine the break), both sides with a 9-point trailing stop.

Note: For the trades to trigger, the breaks should occur during the regular session hours starting at 9:30am ET. By design, these models do NOT open any new positions after 3:45pm. Only one open position at any given time.

Aggressive Intraday Models: For today, Wednesday 06/12, our aggressive intraday models indicate going long on a break above 2892 or 2875 with an 6-point trailing stop, and going short on a break below 2887 or 2878 with an 8-point trailing stop.

Note: For the trades to trigger, the breaks should occur during regular session hours starting at 9:30am ET. Due to the intraday nature of these aggressive models, they indicate closing any open trades at 3:55pm and remaining flat into the session close. No opening of new positions after 3:45pm. Only one open position at any given time.

NOTE: Remember that a "trailing stop" works differently from the traditional stop-loss order. Please bear in mind that the trailing stop's trigger level would keep changing throughout the session

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From The CFA Institute:
tradersai.com/14625-2/

blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/

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