The Beehive Trading System (BTS) developed by RedlionTrader is a fully automated trading system that uses an adaptive algorithm for timing entries and exits both long and short in the market. Followers can select how aggressive they wish to trade the system using either straight SPY ETFs or leveraged ETFs such as SSO...
More »
The 10 day high minus low indicator for the NYSE is the difference of the percentage of stocks making 10 day highs and 10 day lows. The index created is a nice breadth indicator showing the strength of the underlying markets. As of January 28th this indicator for the NYSE is showing a...
More »
Sometimes simple is better. This is a daily chart of the SPX with a line connecting the daily closes. None of that crazy intraday noise. Since July we have had 3 XYZ tops. I am sure there is an official name to this pattern, I originally wrote the piece as an ABC top, but...
More »
Well that did not last very long. Last night I posted that the RUT2K 40 DMA % Index had crossed below its 20 day moving average. It take two days to confirm the signal and today it was pushed right back up with the bullish action of the markets. To read more about the...
More »
I woke up this morning to an outside temperature of one degree. As the Maine comedian Bob Marley (not to be confused with his Jamaican polar opposite) would say it is "effing"cold. According to Bob, and I agree, there is a temperature that is so cold that only an expletive can capture its degree...
More »
I am in the process of moving my website over to a self hosted WordPress site. If you could all do me a favor and respond with likes / dislikes and/or errors that would be terrific! This is a precursor to moving all or our sites off from Blogger onto WordPress since there...
More »
