Posts Tagged ‘ market trends

Dow open trading strategy

Dow open trading strategy

In our previous post we discussed a trading strategy that anticipates a take profit scenario on Friday afternoons. This week we present a strategy that will help you position yourselves ahead of the Dow open. By using SentiTrade’s market psychology data, we calculate the statistical probability of a U.S. market up or down opening. Read more

Tags - - - - - - -

Market trend on the rebound

Market trend on the rebound

We currently see a market trend rebound. SentiTrade’s 38 day moving average yesterday crossed above the 200 level for the first time since June 9th 2011. Interestingly, the DAX accomplished the same, the day before yesterday.
Read more

Tags - - - - - - -

Closing in on market sentiment trigger point?

Closing in on market sentiment trigger point?

The past 5 days we saw a gradual decline in market sentiment from 0.67 on June 30th to 0.55 on July 6th. In itself, the range between 0.67 and 0.55 is unspectacular because these values are close to a neutral range. Our review of more than 1.2 million news items over the past 6 years, identifies the average market sentiment value at 0.62 (financial journalists writing to a “long” oriented audience). Read more

Tags - - - - - - - - - - - - -

Elliot Wave Principle and Sentiment Analysis

Elliot Wave Principle and Sentiment Analysis

The Elliott Wave Principle states that markets move in natural patterns according to changing investor psychology and price momentum. Specifically, crowd psychology will move from optimism to pessimism, and back up again, making it possible to forecast the progression of certain market trends. Elliot’s model states that the trends move in a total of 5 waves. In a bull market a dominant trends is found in wave 1, 3 and 5, whereas waves 2 and 4 will be corrective waves (see illustration below).
Read more

Tags - - - - - -