TintinTrading

TintinTrading

Hey guys! Todays Historical edge comes from an interesting pattern. 📈 The Pattern: SPX closes down over 2% and above 5day low, but yesterday it closed at 5day high. We backtested and saw strong edge. ⬇️ ⬇️ RESULT ⬇️ ⬇️ 📍 Edge: 🔴 Bearish 🔄 Occurrence since 1990: 25x (frequent) 🏔 Highest edge: 4days later 🎲 Probability of bullish move: 28% - aka this...

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Well this seems like a no brainer but if we test when has this happened in an NDX constituient 👇 From 2006 to present => this has happened: 30x and the times it has happened 84% of the times there was an average move of -4% in the stock. Is this an alert: NO, just a word of caution.

TintinTrading

Our current levels show that if the futures push over -1.40% 🔴 in the overnight action - volatility 🌊 is likely to spike a lot. So fasten seatbealts IF that happens. Watchlist is has already made nice moves before the session open on WED. Lets see how the price will act today. Now sitting patiently and watching. 👀

TintinTrading

👋 Hey team! Yesterday we saw interesting pattern forming. The NASDAQ Advancers have outnumbered the Decliners by at least 3:2 for 3 consecutive days in a row. 🏁We decided to backtest this strategy...as you know waaaaay back since 1999 ⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️ Edge appears bearish🔴 . Nearly 57.3% we have had a down move in the SPX the next day. The times...

TintinTrading

👋 Hey team! Today we see that the VIX 🌊 made a dramatic reversal after closing more than 10% below its 10D MA 👇 Why is this special? Because a few days ago we were above it by more than 10% 👆 We reviewed when has this happened in the past (since 1993 to be exact)🧪. ⬇️ ⬇️ ⬇️ RESULTS ⬇️ ⬇️ ⬇️ This type of event has occurred 40x since 1993 and we see strong...

TintinTrading

If $IXIC doesn't rally 2.1% on MONDAY we will witness the worst month since inception of $NASDAQ. So far this title is held by JAN 2008, where we finished down 9.9%

TintinTrading

Today was interesting day since a few things have triggered: ✅. Yesterday we gapped up ✅. Today we closed at a 10d low ✅. Today we closed under 200MA ✅. Today we closed at 25% of the Daily Close Range (shame) 🦄. Some additional technical magic filters We tested the times this has happened...since 1993📆 ! We saw a relatively bullish move. The 2DAY move on the spy...

TintinTrading

👋 HOLA team! A very rare system has triggered in our studies. This is a 7️⃣ day higher close for the VIX. We backtested the system since the initiation of the SPY (Only 11x, super rare 💎 ). What we see is that....(drum roll 🥁) the 3 days move has yielded 100% bullish move. This is quite a tell. Average bullish move has been 1.7% for 3 days. 🟢 However, given...

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🏦 Fed did not raise rates today! 🙅‍♀️ It could have happened but it was unlikely . They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways of saying they will continue to evaluate the situation. All of this should be short term bullish for stocks, ideally into the end of the month. I'll give this a little time to...

TintinTrading

Ticks have sustained for the last 45 mis in the -1000 level which is a sign of caution. ↘️ Generally, when we see sustained selling like this it is algos running in the background. 🙅‍♀️The Fed did not raise rates today - it could have happened but it was unlikely. They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways...

TintinTrading

Now we see that the SPY has made over 12% drawdown since it major top in 04JAN22. Currently the correction in the Nasdaq Composite reached -19.72% peak to trough while the Russell 2000 came off -21.44%. This is the largest correction in the general market since the Covid crash in March of 2020. However, this indicator is a sign that we might not be out of the...

TintinTrading

🟢 $Tick making new highs and 5SMA on the 5min chart goes positive and is hitting aggressive +1000levels. It has to stay here ange get steadily stronger for a rally. This would give us idea if we will get a bounce into mid week.

TintinTrading

⚠️Alright team, nasty action from the $TICKs all morning, as the selling pressure isn’t easing up here. $SPY is trying to hold support around $425, which will be a key level to hold here to avoid even more downside ahead of the Fed on Wednesday. 🔴 In a perfect world, things will hold support here and bounce later in the week, at which point we’d look to...