For Friday, February 28th

The March SP Futures
A BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS can be found at the bottom of every email briefing for your easy quick reference and convenience...
The main model is long the March SP from 1835.60 as of Thursday, February 20th...

For the March SP futures, the last trade as of this writing is at 1853.90...  

For Friday, a close below 1833.80 in the March SP futures would confirm a new main model sell signal...

After several days of continued market weakness as indicated by the NT indicator, we actually have a buy spike today along with a new all time closing high...  this morning, we did have a sell signal triggered, but the market quickly rejected that signal and finished the day at a new high close...  what could be sweeter as the main model has held a long position throughout the ordeal of a tricky sideways to lower market...  now, there seems a reasonable possibility for a continued rally as of today...
The following are the current upside VPs for the March SP...
MAJOR - - 1835.70 (already reached) and must close below that price on Tuesday, March 25th to confirm a new main model sell signal... STILL ACTIVE UNTIL MARCH 25TH
 
 minor - - 1844.80 (already reached)
 
minor - - 1845.80 (already reached)
minor - - 1853.61 (already reached)
MAJOR - - 1850.90 (already reached) and must close below that price on Thursday, March 6th to confirm a new main model sell signal...
MAJOR - - 1857.80 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...
NEW TODAY * * minor - - 1858.10
 
NEW TODAY * * MAJOR - - 1868.00 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...


MAJOR - - 1901.50 and must close below that price on Monday, April 14th to confirm a new main model sell signal...
For now, the main model remains long the SP...



The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1340.40...
For Friday, a close below 1324.00 in the April gold contract would confirm a new main model sell signal... 

The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...
minor - - 1333.90 (already reached)
MAJOR - - 1345.00 and must close below that price on Tuesday, March 11th to confirm a new main model sell signal...

As for now, the main model remains long gold... 


BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS:
 
The SP confirmation close ALWAYS refers to the large contract 4:15 pm futures closing price...
 
The NT Indicator
 

The NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

 
How To Read The NT Indicator
 
The best and safest time to take an NT signal is when the market has already trended for some time and is now approaching a VP price, then the NT spike would indicate that the trend is likely to reverse since the market is already vulnerable at a VP price, the NT spike provides greater certainty for that counter trend trade...
 
The VP Price
The VP, or Vertical Price, is NOT a target, the market is not required or expected to reach any VP price...  however, if reached, the VP price represents where the buying/selling has stretched to maximum exhaustion point, at least temporarily, and a change in trend is very likely... 
 
How To Read The VP Price
 
If the market touches and then moves away from the VP very quickly and doesn't return, then this more than likely indicates a market reversal, but if the market moves away from the VP and then returns within a day or two, maybe sooner, then the move is not over and the market is likely to continue in its current trend... repeated visits to a VP suggests the move is not yet over... 
 
A Suggestion On How To Enter A Position On A New Main Model Signal
 
One way to enter a new signal trade is to take only 1/3 position only after the market trades through the confirmation price by a few points...  after that initial position is taken, let the market do what it does all day...  then, late in the day, if the market is still confirming the signal, then add the second 1/3 position...  and then, on the close take the final 1/3 position...  your average entry price will be above/below the confirmation price but the whips will be significantly reduced...  this is a method I use for myself very often...
 
Another way to enter a new position is to wait for the actual confirmation on the close, and then take the new position...
 
 
The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...
NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS... 

For Thursday, February 27th

The March SP Futures
A BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS can be found at the bottom of every email briefing for your easy quick reference and convenience...
The main model is long the March SP from 1835.60 as of Thursday, February 20th...

For the March SP futures, the last trade as of this writing is at 1842.40...  

For Thursday, a close below 1835.70 in the March SP futures would confirm a new main model sell signal...

The major VP at 1857.80 stopped the rally dead in its tracks two days ago and this market has done nothing but drift sideways to lower...
Directly below is the NT indicator and a line chart of the SP...  as the Chinese say:
 
In English:  One picture is worth 1000 words...
The market made a newer high, but the NT indicator has been drifting lower...  although the market has a way of doing whatever it wants, it appears that this market is not getting the buying support needed to hold this current level...  a sell signal may well be nearby...
The following are the current upside VPs for the March SP...
MAJOR - - 1835.70 (already reached) and must close below that price on Tuesday, March 25th to confirm a new main model sell signal... STILL ACTIVE UNTIL MARCH 25TH
 
 minor - - 1844.80 (already reached)
 
minor - - 1845.80 (already reached)
minor - - 1853.61 (already reached)
MAJOR - - 1850.90 (already reached) and must close below that price on Thursday, March 6th to confirm a new main model sell signal...
MAJOR - - 1857.80 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...

MAJOR - - 1901.50 and must close below that price on Monday, April 14th to confirm a new main model sell signal...
For now, the main model remains long the SP...



The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1340.40...
For Thursday, a close below 1308.80 in the April gold contract would confirm a new main model sell signal... 

The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...
minor - - 1333.90 (already reached)
MAJOR - - 1345.00 and must close below that price on Tuesday, March 11th to confirm a new main model sell signal...

As for now, the main model remains long gold... 


BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS:
 
The SP confirmation close ALWAYS refers to the large contract 4:15 pm futures closing price...
 
The NT Indicator
 

The NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

 
How To Read The NT Indicator
 
The best and safest time to take an NT signal is when the market has already trended for some time and is now approaching a VP price, then the NT spike would indicate that the trend is likely to reverse since the market is already vulnerable at a VP price, the NT spike provides greater certainty for that counter trend trade...
 
The VP Price
The VP, or Vertical Price, is NOT a target, the market is not required or expected to reach any VP price...  however, if reached, the VP price represents where the buying/selling has stretched to maximum exhaustion point, at least temporarily, and a change in trend is very likely... 
 
How To Read The VP Price
 
If the market touches and then moves away from the VP very quickly and doesn't return, then this more than likely indicates a market reversal, but if the market moves away from the VP and then returns within a day or two, maybe sooner, then the move is not over and the market is likely to continue in its current trend... repeated visits to a VP suggests the move is not yet over... 
 
A Suggestion On How To Enter A Position On A New Main Model Signal
 
One way to enter a new signal trade is to take only 1/3 position only after the market trades through the confirmation price by a few points...  after that initial position is taken, let the market do what it does all day...  then, late in the day, if the market is still confirming the signal, then add the second 1/3 position...  and then, on the close take the final 1/3 position...  your average entry price will be above/below the confirmation price but the whips will be significantly reduced...  this is a method I use for myself very often...
 
Another way to enter a new position is to wait for the actual confirmation on the close, and then take the new position...
 
 
The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...
NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS... 

For Wednesday, February 26th

The March SP Futures
A BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS can be found at the bottom of every email briefing for your easy quick reference and convenience...
The main model is long the March SP from 1835.60 as of Thursday, February 20th...

For the March SP futures, the last trade as of this writing is at 1844.60...  

For Wednesday, a close below 1835.70 in the March SP futures would confirm a new main model sell signal...

The major VP at 1857.80 stopped the rally dead in its tracks yesterday, and the market has drifted lower since then...  today, the NT has just about no change at all from yesterday's picture...
The following are the current upside VPs for the March SP...
MAJOR - - 1835.70 (already reached) and must close below that price on Tuesday, March 25th to confirm a new main model sell signal... STILL ACTIVE UNTIL MARCH 25TH
 
NEW TODAY * * minor - - 1844.80 (already reached)
 
minor - - 1845.80 (already reached)
minor - - 1853.61 (already reached)
NEW TODAY * * MAJOR - - 1850.90 (already reached) and must close below that price on Thursday, March 6th to confirm a new main model sell signal...
MAJOR - - 1857.80 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...

MAJOR - - 1901.50 and must close below that price on Monday, April 14th to confirm a new main model sell signal...
For now, the main model remains long the SP...



The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1340.40...
For Wednesday, a close below 1307.90 in the April gold contract would confirm a new main model sell signal... 



The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...
minor - - 1333.90 (already reached)
MAJOR - - 1345.00 and must close below that price on Tuesday, March 11th to confirm a new main model sell signal...

As for now, the main model remains long gold... 


BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS:
 
The SP close ALWAYS refers to the large contract 4:15 pm futures closing price...
 
The NT Indicator
 

The NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

 
How To Read The NT Indicator
 
The best and safest time to take an NT signal is when the market has already trended for some time and is now approaching a VP price, then the NT spike would indicate that the trend is likely to reverse since the market is already vulnerable at a VP price, the NT spike provides greater certainty for that counter trend trade...
 
The VP Price
The VP, or Vertical Price, is NOT a target, the market is not required or expected to reach any VP price...  however, if reached, the VP price represents where the buying/selling has stretched to maximum exhaustion point, at least temporarily, and a change in trend is very likely... 
 
How To Read The VP Price
 
If the market touches and then moves away from the VP very quickly and doesn't return, then this more than likely indicates a market reversal, but if the market moves away from the VP and then returns within a day or two, maybe sooner, then the move is not over and the market is likely to continue in its current trend... repeated visits to a VP suggests the move is not yet over... 
 
A Suggestion On How To Enter A Position On A New Main Model Signal
 
One way to enter a new signal trade is to take only 1/3 position only after the market trades through the confirmation price by a few points...  after that initial position is taken, let the market do what it does all day...  then, late in the day, if the market is still confirming the signal, then add the second 1/3 position...  and then, on the close take the final 1/3 position...  your average entry price will be above/below the confirmation price but the whips will be significantly reduced...  this is a method I use for myself very often...
 
Another way to enter a new position is to wait for the actual confirmation on the close, and then take the new position...
 
 
The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...
NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS... 

For Tuesday, February 25th

The March SP Futures
A BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS can be found at the bottom of today's email briefing for your easy quick reference and convenience...
The main model is long the March SP from 1835.60 as of Thursday, February 20th...

For the March SP futures, the last trade as of this writing is at 1845.20...  

For Tuesday, a close below 1835.70 in the March SP futures would confirm a new main model sell signal...

The major VP at 1857.80 stopped the rally dead in its tracks for now...  how the market reacts to this major VP over the next few days will tell us whether or not this rally will continue...  a sell off and then a return to the VP price would be bullish, a 10 point pull back is typical, we already have a 13 point pull back from the VP, so this market could rally right back or this could be the beginning of a larger decline...  if you notice, the last time the market hit a major VP at 1835.70, the market stalled for 9 full days before resuming this rally today...  so, we'll see how the week goes...
The NT indicator directly below has given a buy spike today, but be warned that this did not occur at a major downside VP, in fact the market just sold off from a major upside VP, so take the buy spike with a grain of salt... the blue line is the SP line graph and the other color (don't know what color that is) is the NT indicator, going back to January 2013...
The following are the current upside VPs for the March SP...

MAJOR - - 1835.70 (already reached) and must close below that price on Tuesday, March 25th to confirm a new main model sell signal... STILL ACTIVE UNTIL MARCH 25TH
 
minor - - 1845.80 (already reached)
minor - - 1853.61 (already reached)
MAJOR - - 1857.80 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...

MAJOR - - 1901.50 and must close below that price on Monday, April 14th to confirm a new main model sell signal...
For now, the main model remains long the SP...



The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1336.80...
For Tuesday, a close below 1307.90 in the April gold contract would confirm a new main model sell signal... 



The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...
NEW TODAY  minor - - 1333.90 (already reached)
NEW TODAY  MAJOR - - 1345.00 and must close below that price on Tuesday, March 11th to confirm a new main model sell signal...



As for now, the main model remains long gold... 


BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS:
 
The SP close ALWAYS refers to the large contract 4:15 pm futures closing price...
 
The NT Indicator
 

The NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

How To Read The NT Indicator
The best and safest time to take an NT signal is when the market has already trended for some time and is now approaching a VP price, then the NT spike would indicate that the trend is likely to reverse since the market is already vulnerable at a VP price, the NT spike provides greater certainty for that counter trend trade...
The VP Price
The VP, or Vertical Price, is NOT a target, the market is not required or expected to reach any VP price...  however, if reached, the VP price represents where the buying/selling has stretched to maximum exhaustion point, at least temporarily, and a change in trend is very likely... 
 
How To Read The VP Price
 
If the market touches and then moves away from the VP very quickly and doesn't return, then this more than likely indicates a market reversal, but if the market moves away from the VP and then returns within a day or two, maybe sooner, then the move is not over and the market is likely to continue in its current trend... repeated visits to a VP suggests the move is not yet over... 
 
A Suggestion On How To Enter A Position On A New Main Model Signal
 
One way to enter a new signal trade is to take only 1/3 position only after the market trades through the confirmation price by a few points...  after that initial position is taken, let the market do what it does all day...  then, late in the day, if the market is still confirming the signal, then add the second 1/3 position...  and then, on the close take the final 1/3 position...  your average entry price will be above/below the confirmation price but the whips will be significantly reduced...  this is a method I use for myself very often...
 
Another way to enter a new position is to wait for the actual confirmation on the close, and then take the new position...
 
 

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...

 


NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS... 

For Monday, February 24th

The March SP Futures
The BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS can be found at the bottom of this email, this tutorial will remain in every email briefing from now on for your easy quick reference and convenience...
The main model is long the March SP from 1835.60 as of Thursday, February 20th...

For the March SP futures, the last trade as of this writing is at 1834.40...  

For Monday, a close below 1835.70 in the March SP futures would confirm a new main model sell signal...

Today was option expiration, so the "normal" markets will resume on Monday...
The NT indicator moved slightly lower today, nothing significant to report today for the NT...
The following are the current upside VPs for the March SP...

MAJOR - - 1835.70 and must close below that price on Tuesday, March 25th to confirm a new main model sell signal... STILL ACTIVE UNTIL MARCH 25TH
 
minor - - 1845.80
minor - - 1853.61
MAJOR - - 1857.80 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...

MAJOR - - 1901.50 and must close below that price on Monday, April 14th to confirm a new main model sell signal...
For now, the main model remains long the SP...



The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1323.90...
For Monday, a close below 1307.10 in the April gold contract would confirm a new main model sell signal... 



The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...

As for now, the main model remains long gold... 


BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS:
 
The SP close ALWAYS refers to the large contract 4:15 pm futures closing price...
The NT Indicator

The NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

How To Read The NT Indicator
The best and safest time to take an NT signal is when the market has already trended for some time and is now approaching a VP price, then the NT spike would indicate that the trend is likely to reverse since the market is already vulnerable at a VP price, the NT spike provides greater certainty for that counter trend trade...
The VP Price
The VP, or Vertical Price, is NOT a target, the market is not required or expected to reach any VP price...  however, if reached, the VP price represents where the buying/selling has stretched to maximum exhaustion point, at least temporarily, and a change in trend is very likely... 
 
How To Read The VP Price
 
If the market touches and then moves away from the VP very quickly and doesn't return, then this more than likely indicates a market reversal, but if the market moves away from the VP and then returns within a day or two, maybe sooner, then the move is not over and the market is likely to continue in its current trend... repeated visits to a VP suggests the move is not yet over... 
 
A Suggestion On How To Enter A Position On A New Main Model Signal
 
One way to enter a new signal trade is to take only 1/3 position only after the market trades through the confirmation price by a few points...  after that initial position is taken, let the market do what it does all day...  then, late in the day, if the market is still confirming the signal, then add the second 1/3 position...  and then, on the close take the final 1/3 position...  your average entry price will be above/below the confirmation price but the whips will be significantly reduced...  this is a method I use for myself very often...
 
Another way to enter a new position is to wait for the actual confirmation on the close, and then take the new position...
 
 

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...

 


NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS... 

For Friday, February 21st

The March SP Futures
Please review the BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS included at the bottom of this email, a good working knowledge of these applications would be very helpful, this tutorial will remain in every email briefing from now on for your easy quick reference and convenience...
The main model is now long the March SP from 1835.60 as of Thursday, February 20th...

For the March SP futures, the last trade as of this writing is at 1836.30...  

For Friday, a close below 1817.60 in the March SP futures would confirm a new main model sell signal...

Well, that was a quick one day turn around...  apparently, this market really doesn't want to go down, and it closed today just barely within whispering distance above the confirmation price... but, that will do it for me...  no matter what this market wants to do, it will not be able to shake us off its trail and leave us behind...
Yesterday, the market sold off sharply from the major VP of 1835.70 and giving all the appearances of a meaningful market top, and this is to be expected at a major VP...  but when the market returns back to that VP within a day or two, then the likelihood of a continued move is very high...  this is what we're looking at today...  the tutorial at the bottom of this email discusses this very market phenomenon and explains how to read the VP at these market conditions...
The NT indicator also gave us a buy spike today, see chart directly below...
The following are the current upside VPs for the March SP...

MAJOR - - 1835.70 and must close below that price on Tuesday, March 25th to confirm a new main model sell signal... STILL ACTIVE UNTIL MARCH 25TH
 
minor - - 1845.80
minor - - 1853.61
MAJOR - - 1857.80 and must close below that price on Thursday, March 13th to confirm a new main model sell signal...

MAJOR - - 1901.50 and must close below that price on Monday, April 14th to confirm a new main model sell signal...
For now, the main model remains long the SP...



The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1322.90...
A sell signal was triggered today, but the market rejected that signal...

For Friday, a close below 1307.10 in the April gold contract would confirm a new main model sell signal... 


The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...

As for now, the main model remains long gold... 


BRIEF TUTORIAL OF MAIN MODEL APPLICATIONS:
 
The SP close ALWAYS refers to the 4:15 pm futures closing price...
The NT Indicator

The NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

How To Read The NT Indicator
The best and safest time to take an NT signal is when the market has already trended for some time and is now approaching a VP price, then the NT spike would indicate that the trend is likely to reverse since the market is already vulnerable at a VP price, the NT spike provides greater certainty for that counter trend trade...
The VP Price
The VP, or Vertical Price, is NOT a target, the market is not required or expected to reach any VP price...  however, if reached, the VP price represents where the buying/selling has stretched to maximum and complete exhaustion, at least temporarily, and a change in trend is very likely... 
 
How To Read The VP Price
 
If the market touches and then moves away from the VP very quickly and doesn't return, then this more than likely indicates a market reversal, but if the market moves away from the VP and then returns within a day or two, maybe sooner, then the move is not over and the market is likely to continue in its current trend... repeated visits to a VP suggests the move is not yet over... 
 
A Suggestion On How To Enter A Position On A New Main Model Signal
 
One way to enter a new signal trade is to take only 1/3 position only after the market trades through the confirmation price by a few points...  then let the market do what it does all day...  then, late in the day, if the market is still confirming the signal, then add the second 1/3 position...  and then, on the close take the final 1/3 position...  your average entry price will be above/below the confirmation price but the whips will be significantly reduced...  this is a method I use for myself very often...
 
Another way to enter a new position is to wait for the actual confirmation on the close, and then take the new position...
 
 

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...

 


NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS... 

For Thursday, February 20th

The March SP Futures

The main model is now short the March SP from 1831.80 as of Wednesday, February 19th...

For the March SP futures, the last trade as of this writing is at 1826.40...  

For Thursday, a close above 1835.60 in the March SP futures would confirm a new main model buy signal...

The main model nailed it again, but now we'll see if this move downward has any real follow through...  either way, very clearly, the major VP at 1835.70 has finally taken hold of this market, it only took one day to stop the rally and pull the market lower...  as I've said so many times, those VP points cannot be dismissed too quickly, especially the major VPs...  obviously, anyone taking a new long position at a major upside VP is only asking for grief...
The NT indicator continues moving lower today, see directly below...  I'm now using Chrome for a browser,so maybe that might resolve the email problem with adding pictures here...  we'll see...
The following are the current downside VPs for the March SP...
minor - - 1799.60 

MAJOR - - 1781.40 and must close above that price on Wednesday, March 19th to confirm a new main model buy signal...
minor - - 1725.50 

MAJOR - - 1676.50 and must close above that price on Monday, May 5th to confirm a new main model buy signal...

 

For now, the main model remains short the SP... 


The April Gold futures
The main model is long April gold from 1267.10 as of Monday, February 10th...
For the April gold futures, the last trade as of this writing is at 1311.30...

For Thursday, a close below 1311.30 in the April gold contract would confirm a new main model sell signal... 


The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)


MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...

As for now, the main model remains long gold... 


The SP close ALWAYS refers to the 4:15 pm futures closing price...

Also, the NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...

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For Wednesday, February 19th

The March SP Futures
The main model is long the March SP at 1750.20 as of Thursday, February 6th...

For the March SP futures, the last trade as of this writing is at 1837.90... 

For Wednesday, a close below 1831.80 in the March SP futures would confirm a new main model sell signal...

PLEASE NOTE:
The SP close ALWAYS refers to the 4:15 pm futures closing price...

 

 

Also, it's important to mention that the NT indicator is a near term (NT) indicator and is included in the evening briefings for the benefit of those who make counter trend trades... the NT buy and sell spikes are not main model buy and sell signals, these spikes are only very near term, although they could always develop into something more significant over the next few days...  using a weather analogy, the buy/sell spikes are much like a developing low pressure area or a tropical wave, they do not not indicate a fully blown hurricane, although it could eventually develop...  if a fully blown hurricane actually does develop, then the main model signal itself would address that market action...

Today, the NT indicator turned downward even though the market itself moved higher...  right now, the market is poised at a major VP and so we should typically see some selling from this level, but the NT buy spike from Friday apparently held the market in place... I've included the NT indicator as an attachment in this email...  apparently, in recent days, graphs or photos inside the body of the email has been playing havoc with the delivery of the evening briefings...  so, let's try it this way for a while and see if the problem is resolved...

The following are the current upside VPs for the March SP...

 

 

minor - - 1805.20 (already reached)

MAJOR - - 1835.70 (already reached) and must close below that price on Tuesday, March 25th to confirm a new main model sell signal...
 

 

minor - - 1853.61

MAJOR - - 1901.50 and must close below that price on Monday, April 14th confirm a new main model sell signal...


For now, the main model remains long the SP...


 

The April Gold futures 

 

 

 

The main model is long April gold from 1267.10 as of Monday, February 10th...

 

 

 

For the April gold futures, the last trade as of this writing is at 1322.40...

 

 

 

 

For Wednesday, a close below 1301.30 (the major VP price) in the April gold contract would confirm a new main model sell signal...

The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)

 



MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...

 

As for now, the main model remains long gold... 

 

 

 

 

 

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...


NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS...

For Tuesday, February 18th

The March SP futures

The main model is long the March SP at 1750.20 as of Thursday, February 6th...For the March SP futures, the last trade as of this writing is at 1834.90...

For Tuesday, a close below 1816.40 in the March SP futures would confirm a new main model sell signal...

The markets are closed in the U.S. on Monday for Presidents' Day...

PLEASE NOTE:  The SP close ALWAYS refers to the 4:15 pm futures closing price...

The NT indicator gave us a buy spike today but it occurred somewhat higher than typically, see directly below...  mind you, today the market also reached the first major VP at 1835.70, so this is a mixed blessing...  this means we could possibly see a higher market on Tuesday morning and then a hesitation in the rally with some later selling back to current levels, or lower...  either way, when the market reaches a major we can more than likely expect to see the market hesitate before moving again...  and how the market behaves at a major VP will generally tell us the legitimate strength or weakness of this rally, so we'll see what it does on Monday now that we're at this critical price level...  
 

 

The following are the current upside VPs for the March SP...

 

 

 

minor - - 1805.20 (already reached)MAJOR - - 1835.70 (already reached) and must close below that price on Tuesday, March 25th to confirm a new main model sell signal...

 

minor - - 1853.61MAJOR - - 1901.50 and must close below that price on Monday, April 14th confirm a new main model sell signal...

 

 

 

For now, the main model remains long the SP...

 

The April Gold futures 

 

 

 

The main model is long April gold from 1267.10 as of Monday, February 10th...

 

 

 

For the April gold futures, the last trade as of this writing is at 1317.90...

 

 

 

 

 

For Tuesday, a close below 1301.30 (the major VP price) in the April gold contract would confirm a new main model sell signal...
 

 

The following are the current upside VPs for April gold...minor - - 1282.40 (already reached)

 

MAJOR - - 1301.30 (already reached) and must close below that price on Friday, February 28th to confirm a new main model sell signal...

 

As for now, the main model remains long gold... 

 

 

 

 

 

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...


NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS...

For Friday, February 14th

The March SP futures

The main model is long the March SP at 1750.20 as of Thursday, February 6th...

For the March SP futures, the last trade as of this writing is at 1824.10... 

For Friday, a close below 1816.40 in the March SP futures would confirm a new main model sell signal...

PLEASE NOTE:  The SP close ALWAYS refers to the 4:15 pm futures closing price...
Again, we had a sell signal triggered, this time in the early morning hours, but the market again rejected that signal...  
 

The NT indicator is inching lower again today despite today's rally...  unless we see some very heavy selling tomorrow, which is always possible, the NT indicator is likely to give us a buy spike...


The following are the current upside VPs for the March SP...

 
minor - - 1805.20 (already reached)

MAJOR - - 1835.70 and must close below that price on Tuesday, March 25th to confirm a new main model sell signal...
 
minor - - 1853.61

MAJOR - - 1901.50 and must close below that price on Monday, April 14th confirm a new main model sell signal...
 

 

For now, the main model remains long the SP...

 

The April Gold futures 

 

 

 

The main model is long April gold from 1267.10 as of Monday, February 10th...

 

 

 

For the April gold futures, the last trade as of this writing is at 1301.80...

 

 

 

 

 

For Friday, a close below 1309.40 in the April gold contract would confirm a new main model sell signal...

 

The following are the current upside VPs for April gold...

minor - - 1282.40 (already reached)



MAJOR - - 1301.30 (REACHED TODAY) and must close below that price on Friday, February 28th to confirm a new main model sell signal...
As for now, the main model remains long gold... 

The email SUGGESTION BOX is always open and invites your ideas for improving and enhancing your email service, I enjoy hearing from you, many thanks...


NOTICE: I SEND OUT AN EMAIL EVERY WEEKDAY EVENING, IF YOU DO NOT RECEIVE ONE, PLEASE LET ME KNOW, THANKS...