Take a look at those chompers. The teeth on that mortgage backed securities graph speak to just how volatile our market is. People are running to safety from short term markets, only to find our market is at all time highs, leaving their flight to safety riddled with risk. Turn on the news, and only person is telling you now is the time to by stock, while another is screaming run for the hills.Meanwhile, Obama in his State of the Union at the beginning of this year vowed to focus on jobs... but focuses on immigration reform, and health care. All the while our national debt creeps to the highest levels ever recorded. Spend more... cut back on spending... Our economy is at odds, and this graph represents this fact.
Tomorrows jobs report is what everyone is waiting on. Expectations are grim, which is interesting because the market may have already priced in a poor report. Any way you look at it, it isn't good for our economy. The only beacon are the low rates this storm is producing. Rates are still at record lows despite the minor sell off yesterday.
Today it seems we have found support again, despite the chopatility evidenced here.
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When the graph is going downward meaning is low the move is starting and when the indicator is high the move is over. So if there is a big move up then the indicator gets high and we get blue bars it is a easy visual to tell us that the move is most likely coming to a end and to exit the long.
ReplyDeleteGOAL:The goal of trading algorithms is to remove the subjective decision making from swing trading and can be as esoteric as extrapolated biology theories like neural networks applied to derivatives trading.
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