Navigator™ Signals for Swing Traders Buy Signal Update – 5/7/2021 by AF Thornton May 7, 2021 0 Comment The S&P 500 futures just barely tagged 4216 and then pivoted almost instantly. As predicted, the index is moving sideways today. Do your best to try to enter around the 4215 WEM high level if possible. Otherwise, you can try for a dip early next week. It might make sense to wait toward the close. On uptrend days, the market often curls back over during the last hour. FOMO (fear of missing out) might nip that in the bud today, but patience is usually rewarded.Tech continues to be noticeably weak, we will see how the rest of the day goes, but rotation favors cyclical and inflation beneficiaries. Notably, the April employment report missed the estimates by a country mile. 200,000 new jobs versus estimates of 1.5 million. Someone should get fired for that miss.Wages were up 0.8 % – more evidence of inflation. When wages begin to respond, it will be hard to put the genie back in the bottle.Have a great weekend.
Related Posts Navigator™ Signals for Day Traders Navigator™ Signals for Swing Traders Founder’s Room Notes – 9/30/2022 Navigator™ Signals for Swing Traders Interim Update – 9/8/2022 Navigator™ Signals for Swing Traders New Swing Strategy Signals – 9/7/2022 Navigator™ Signals for Swing Traders New Swing Strategy Signal – 8/15/2022 Navigator™ Signals for Swing Traders Sell Stops Hit Navigator™ Signals for Swing Traders Adjustment – Leveraged Accounts Navigator™ Signals for Swing Traders Move Stops Up Navigator™ Signals for Swing Traders New Buy Navigator™ Signals for Swing Traders Sell Signal – Stop Navigator™ Signals for Swing Traders Navigator Swing Buy Signal
Navigator™ Signals for Day Traders Navigator™ Signals for Swing Traders Founder’s Room Notes – 9/30/2022
AF Thornton Website: https://tradingarchimedes.com A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.