An incredibly strong bounce over the month of November on all NASDAQ:QQQ AMEX:IWM AMEX:SPY DJ:DJI I am getting out of my AMEX:SVIX position for now as vol is super cheap and not going to get greedy. You can see in bottom left chart of TVC:VIX my indicator is about to flip red, so I am just going to front run that. Also the breadth in bottom right...
Haven't published an idea in a long time. Have learned a lot and have coded a lot since then. I have made a few risk on/risk off indicators since then. Both shorter term and longer term. They are not taking account of the ES price action, but are based on totally different factors. The things that wag the market (at least I'd like to think so). As of now, ...
This is how I get a general feel for the market AMEX:SPY NASDAQ:QQQ CME_MINI:ES1! CME_MINI:NQ1! . First, simply looking at the relation between NASDAQ:QQQ and AMEX:XLU This is to get a gauge by asking.. is the market buying tech/growth, or is the market buying utilities (which is more of a bear market exposure "safer" sector)? I don't get complicated...
So I am currently looking at BINANCE:BTCUSDT BINANCE:ETHUSDT and BINANCE:FTMUSDT as a conglomerate thanks to the wonders of DeFi. In the $FTM ecosystem (on BeethovenX) there is a pool that contains 25% $BTC, 25% $ETH, 25% $FTM, and 25% $USDC. The pool is called "A Late Quartet". Within Beethoven (beets.fi), this pool yields ~31 apy (from providing...
If you average the depth of the '01 and '08 recessions.. they average at about 54% pull backs and roughly had the same top. If we pull back 54% from the recent ATH, we will land extremely close the same top of '01 and '08 as a bottom doesn't mean anything though.. I'm not fully shorting this with intentions on $SPY hitting 156, but still is interesting.. To...