URGENT – Friday Morning Alert for April 26th

The June SP Futures

The model is now long with a close yesterday above 1579.10...

However, based on the market weakness since this recent confirmation, a new sell signal has been generated as of this morning...

For today, Friday April 26th, a close below 1587.90 would confirm yet another main model sell signal... these rapid fire signals are clearly indications of a possibly much more significant market topping action...

Notice, the sell signal confirmation price is now above the market... although the market is weaker this morning, it could as easily recover and nullify this new pending sell signal which was immediately generated by this weakness... clearly, this market is approaching a critical phase...

Take another looks at the NT Indicator below, this is as of yesterday's close... you can see how the market did rally after the low spike was made... now, the NT is approaching the upper levels of its typical range... this doesn't mean that the market must move lower from here, but it does mean that the market is again beginning to approach an over bought condition... and now, another possible main model sell signal for today makes the NT Indicator appear a little more menacing...

There two upside VPs are as follows: (provided the current sell signal is not confirmed)

minor - - 1596.40 (this VP has not been reached, and if a sell signal is confirmed today, it will not be reached)

MAJOR - - 1623.10 due no later than Thursday, May 30th

The June Gold Futures

The model has been short gold since April 1st with a close below 1601.90...

At this moment, gold is trading at 1463.10...

Gold has two VPs, both are still above the market, and the gold market is getting closer to its VPs each day... the first VP is at 1497.20... gold must close above this VP on Tuesday June 11th for an automatic buy signal to be confirmed... the second VP is at 1509.70... gold must close above this VP on Friday, May 31st for an automatic buy signal to be confirmed... as for now, the model remains short gold...

For Friday, April 26th

The June SP Futures

The model had been long from 1554.40 as of today, April 22nd...

The model had a failed buy signal yesterday, and that failed buy signal morphed into an automatically confirmed sell signal...

Today, the model has reinstated its long position with a close above 1579.10...

Below is the NT Indicator as of today's close... you can see how the market did rally after the low spike was made... now, the NT is approaching the upper levels of its typical range... this doesn't mean that the market must move lower from here, but it does mean that the market is again beginning to approach an over bought condition...

The NT is approaching an over bought condition while the SP is moving towards the initial minor overhead VP at 1596.40, still some distance from today's close... it would be wise to watch the market's behavior when that initial VP is approached, by then the NT Indicator would likely be rather over done to the upside...

There two upside VPs are as follows:

minor - - 1596.40

MAJOR - - 1623.10 due no later than Thursday, May 30th

For Friday, a close below 1532.20 would confirm a new main model sell signal, that would require a 50 point SP decline tomorrow... who knows...

The June Gold Futures

The model has been short gold since April 1st with a close below 1601.90...

Gold traded significantly higher today, the low is probably already in place, but without a legitimate main model buy signal, any long position here would be considered aggressive and highly risky... although it does look like the gold market is now poised for a legitimate recovery off its recent lows... what ever gold does, silver would likely go along for the ride...

The key here is patience, and more patience... at some point, the main model will eventually issue a buy signal price and the risk for the trade would then be greatly reduced... my hunch is that the current rally in the gold market may well level off in the VP price vicinity, provided that gold does continue its rally here... while VP prices initially repel the market, they also attract the market once the VP has been exceeded as gold has done...

Gold has two VPs, both are still above the market, and the gold market is getting closer to its VPs each day... the first VP is at 1497.20, gold is trading at 1474.10 this evening as I write this summary, so it's steadily moving closer to that VP... gold must close above this VP on Tuesday June 11th for an automatic buy signal to be confirmed... the second VP is at 1509.70... gold must close above this VP on Friday, May 31st for an automatic buy signal to be confirmed... as for now, the model remains short gold...

For Thursday, April 25th

The June SP Futures

The model has been long from 1554.40 as of today, April 22nd...

The model was also long a second position from 1570.10 as of yesterday, April 23rd..

However, today, due to the nature of the market's action and the model's configuration, the model turned today's failed buy signal into a confirmed sell signal...

For Thursday, a close above 1579.10 would confirm a new main model buy signal... the fact that 1579.10 is also today's high is pure coincidence, although somehow the model sees that price as significant since that is the precise number the model has generated for tomorrow's buy signal confirmation... so, at this point, the risk on the short side is relatively low...

There are several downside VPs as follows:

minor - - 1529.20

minor - - 1527.20

MAJOR - - 1507.10 due no later than Monday, May 27th

MAJOR - - 1503.80 due no later than Thursday, May 23rd

minor - - 1486.70

MAJOR - - 1441.10 due no later than Tuesday, May 28th

Clearly, there are a cluster of due dates near the latter part of May...

The June Gold Futures

The model has been short gold since April 1st with a close below 1601.90...

Gold traded higher today...

Gold has two VPs, both are above the market... the first VP is at 1497.20... gold must close above this VP on Tuesday June 11th for an automatic buy signal to be confirmed... the second VP is at 1509.70... gold must close above this VP on Friday, May 31st for an automatic buy signal to be confirmed... as for now, the model remains short gold...

URGENT LATE AFTERNOON REVISION for Wednesday, April 24th

The June SP Futures

The model is long from 1554.40 as of today, April 22nd...

The model is long a second position from 1570.10 as of today, April 23rd..

For Wednesday, a close above 1577.10 would confirm a THIRD main model buy signal...

But, a close today below 1577.10 would confirm a new main model SELL SIGNAL... 

There are two upside VPs as follows:

minor - - 1596.40

MAJOR - - 1623.10 due no later than Thursday, May 30th

The June Gold Futures

The model has been short gold since April 1st with a close below 1601.90...

Gold traded higher today...

Gold has two VPs, both are above the market...  the first VP is at 1497.20...  gold must close above this VP on Tuesday June 11th for an automatic buy signal to be confirmed...  the second VP is at 1509.70...  gold must close above this VP on Friday, May 31st for an automatic buy signal to be confirmed...    as for now, the model remains short gold...

For Wednesday, April 24th

The June SP Futures

The model is long from 1554.40 as of today, April 22nd...

The model is long a second position from 1570.10 as of today, April 23rd..

For Wednesday, a close above 1577.10 would confirm a THIRD main model buy signal...  if this third buy signal is confirmed tomorrow, then there is nothing but blue skies ahead for this market...

For Wednesday, we would need a close below 1531.30 to confirm a new main model sell signal...

The June Gold Futures

The model has been short gold since April 1st with a close below 1601.90...

Gold traded higher today...

Gold has two VPs, both are above the market...  the first VP is at 1497.20...  gold must close above this VP on Tuesday June 11th for an automatic buy signal to be confirmed...  the second VP is at 1509.70...  gold must close above this VP on Friday, May 31st for an automatic buy signal to be confirmed...    as for now, the model remains short gold...

For Tuesday, April 23rd

The June SP FuturesThe model is now long from 1554.40 as of today, April 22nd...

For Tuesday, we would need a close below 1531.10 to confirm a new main model sell signal...

Also for Tuesday, a close above 1570.10 would confirm a SECOND main model buy signal...

There are two upside VPs as follows:

minor - - 1596.40

MAJOR - - 1623.10 due no later than Thursday, May 30th...

The June Gold Futures

The model has been short gold since April 1st with a close below 1601.90...

Gold traded higher today...

Gold has two VPs, both are above the market...  the first VP is at 1497.20...  gold must close above this VP on Tuesday June 11th for an automatic buy signal to be confirmed...  the second VP is at 1509.70...  gold must close above this VP on Friday, May 31st for an automatic buy signal to be confirmed...    as for now, the model remains short gold...

For Monday, April 22nd

The June SP Futures

The main model is short from 1540.20 as of April 18th...

The June SP futures opened this evening at 1548.40, this generated another downside minor VP at 1536.10...  this minor VP has already been reached with a traded low of 1531.00 on April 18th...  this higher opening also lowered the overhead buy signal price for Monday...

Therefore, we have a revised buy signal price for tomorrow...

For Monday, we would need a close above 1554.50 to confirm a new main model buy signal...  this is significantly lower than the original 1581.20 to confirm a new main model buy signal...

WELCOME TO MAIN MODEL TRADING SIGNALS

Wouldn't it be wonderful to know the answers to these two questions?

  1. When does a bull market pull back actually become a market top?
  2. When does a bear market bounce turn into a legitimate market bottom?

Main Model Signals has been able to answer those two questions which traders and investors like yourself have struggled with since the very beginning of markets.  I realize that this claim sounds rather grandiose, but take a look at the PERFORMANCE HISTORY documented in real time over the past more than three years.

For a more in depth understanding of what the Main Model itself really is, take a look at the above link called ABOUT THE MODEL.

New Service

I will post my model’s buy and sell signals in advance of the market as they appear on the horizon.  A sell signal would be triggered when the market trades below a given price and I will then enter the trade. If the market closes below that price, then the sell signal would be confirmed and I will hold that newly entered position.  As well, a buy signal would be triggered when the market trades above a given price, and if the market closes above that price, then the buy signal would be confirmed. I will keep an ongoing running tally of all profits and losses for these confirmed signals for an ongoing real time performance history.

You can review the real time performance history at the link PERFORMANCE HISTORY.