Dynamic Monthly Biases for September 27
Daily trumps monthly. We're getting a suggestion that the overall bullish trend might be due for at least a short breather. For Tuesday, switch from long to short in all three indexes.
The bottom two rows determine the signal. Dynamic Day One trumps everythingâ€"you always follow it. When it's neutral, the Monthly Perpetual provides the direction. Click here for a more in-depth explanation of the rules.
Daily CzarChart for September 27
The bottom row provides the direction of the bias at the open: long (L) or short (S). When it's neutral, it will read zero (0). Click here for a more in-depth explanation of the rules.
DISCLAIMER: It should not be assumed that the methods, techniques, or indicators presented in this column will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented in this column are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The author, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Art Collins is the author of Market Beaters, a collection of interviews with renowned mechanical traders. He is currently working on a second volume. E-mail Art at artcollins@ameritech.net.