The Odds Czar: Index Futures Biases for June 3

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By Art Collins | Published 06/2/2005 | Futures , Stocks | Unrated

The Odds Czar: Index Futures Biases for June 3

The mini S&P continues to flash an uncontradicted monthly buy signal. The Nasdaq has neutral daily signals for the second day in a row. Only the Russell has changed its mind for June 3.

The Biases for June 3

Hold mini S&P long and mini Nasdaq short. Flip from the short to the long side in the Russell.

The bottom two rows determine the signal. Dynamic Day One trumps everything�"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.

DISCLAIMER: It should not be assumed that the methods, techniques, or indicators presented on 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 on 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.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.