reddan256

Market Insight [7FEB2022]

CAPITALCOM:US500   US 500
Hello, Sorry I've been away for some time now. I was still keeping in touch with some of the followers.
I was kind of busy with many things on the development side, after realizing how good the signals are, me and my partner wanted to build a better strategy and map out the roadmap of the future plans.
hint: Includes heavy macro and machine learning approach. Excited what future holds for us.

Anyways, coming to the market (if you are still here after my story). US market turned bearish and we sold and closed all of it mid January. Now that VIX has a green background signal, I don't suggest anyone to buy the dip yet in US market if you don't have any risk management in place.
One of the global index that still remains sort of green in CAC40. If you can overcome the urge of making quick bucks, I can suggest some better options than shorting or buying S&P500.

Our model shows it's better to buy XLRE and XLP incrementally here. Our signal on stocks like KO, PG, PLD etc worked pretty well and for those who are interested, buy more KO here.

For those who have more appetite towards risk, signal on VIX shows VIX is close to the low end with green background signal, with immediate term upside to 35. Which puts S&P500 Upside to downside : 1%/-6%. Do with this what you may with the information. I will be looking forward to shorting, but not yet. Let's wait and see if we get a safer chance this week.

Apart from that, our current thesis is that. DXY will go up, which currently has a grey signal. Similarly, investing in gold is a good idea too. Which is turning from red to green in our model. remember to buy it incrementally. The lower end on gold is 1720 and I will be buying aggressively if it ever reaches here.

BTC is sort of bearish, along side of Crude oil which we sold at 90$ shows overbought signal here.

Follow and stay tuned for signals, I will be posting a few this week.

Redd

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