Simple          
   Consistent
   Profitable
 
   
     
Home | Disclaimer | Results | Rules | Subscribe | Contact | Newsletter | FREE Stuff     
 

OSS INDICATORS -- 2010

Previous forecast with follow up
 
     

INDICATOR KEY

   

Column R = Reversals

  • A = Astrological
  • C = Cyclical
  • D = Dynamic
  • G = Gann
  • L = Linear
  • - = Weaker than normal
  • + = Stronger than normal
 

Column T = Trend

  • Expected trends for the week
  • Especially likely when enclosed in ()'s

Column HIGH/LOW/CLOSE

Will be filled-in at the end of the week with OEX data.

Column V = Volatility

  • The higher the number, the greater the volatility
  • The highest number for the week should see the largest move

 

     
     
Week beginning 08/23/10
DATE
R
V
T
CHG
CHG%
HIGH
HIGH%
LOW
LOW%

Negative and volatile in the beginning of the week, then positive

08/23/10
 
2
-
-1.50
-0.31
4.57
0.94
-1.66
-0.34
08/24/10
 
2
-
-6.92
-1.43
1.92
-0.40
-8.87
-1.83
08/25/10
A
 
(+)
1.23
0.26
3.13
0.66
-5.02
-1.05
08/26/10
 
1
+
-3.90
-0.81
2.28
0.48
-4.64
-0.97
08/27/10
 
1
+
7.18
1.51
7.51
1.58
-3.05
-0.64

FOLLOW UP:
Negative in the beginning of the week
Positive in the latter part of the week
Wednesday was positive
Biggest move for the week was up
Friday was the big mover, not Monday or Tuesday

 

     

 

     
Week beginning 08/30/10
DATE
R
V
T
CHG
CHG%
HIGH
HIGH%
LOW
LOW%

Probability of a reversal on Monday is very high.
Monday or Tuesday will be a down day.
Wednesday should be the big mover for the week.
Biggest move this week should be to the down side.
66% chance Friday will be up.

08/30/10
CD
.
-
-6.60 -1.37% 0.03 0.01% -6.69 -1.39%
08/31/10
.
1
-
0.38 0.08% 2.74 0.58% -3.51 -0.74%
09/01/10
A
2
(-)
13.31 2.80% 13.75 2.89% 0.09 0.02%
09/02/10
1
.
3.46 0.71% 3.47 0.71% -0.22 -0.04%
09/03/10
.
+
6.46 1.31% 6.59 1.34% 1.72 0.35%

 

FOLLOW UP:

Monday was down
Wednesday was the big mover this week
Friday was up
We were expecting a move down in the beginning of the week, then a move up..
Big move this week was to the up side, not the down side.

COMMENT:

We were looking at Monday to be the most likely reversal, but it was near the close on Tuesday that the reversal manifest itself. Reversals are frequently off by one day, but they are usually one day early. This week, we had two reversals indicators on Monday, one on Wednesday, and one of Thursday. The way the week worked out tells us all four reversals acted as one big reversal.

This would have been a hard week to trade. The trend from the previous week was down, but the last three days of the week saw the market go sideways. Had we combined all four reversals, and then considered the fact that Monday moved down, we could have traded Calls with some confidence. The OEX SEP10 500 CALL opened at $1.00 on Tuesday, and closed at $1.20. The option traded at a high of $5.85 for the week.

 

     
     
Week beginning 09/06/10
DATE
R
V
T
CHG
CHG%
HIGH
HIGH%
LOW
LOW%

Monday is Labor Day
Holidays always throw a wrench into the machinery.
The first part of the week should be positive.
The three reversals this week have Thursday as the most likey day
for the market to reverse.
Not possible to pick a big mover for the week due to the holiday.

09/06/10 (H)
.
2
+
.
.
.
.
.
.
09/07/10
.
2
+
-5.28
-1.06
-0.77
-0.15
-5.57
-1.12
09/08/10
A
1
(+)
3.10
0.63
5.03
1.02
0.14
0.03
09/09/10
C
1
-
3.02
0.61
5.46
1.10
0.94
0.19
09/10/10
D
2
-
2.46
0.49
3.09
0.62
-0.06
-0.01

 

FOLLOW UP:

As usually happens with Holiday weeks, nothing really worked out. We got a the big mover for the week on Tuesday which was one of three days that had a 2 for volatility, Wednesday was Up, and the reversal expected on Thursday could still workout.

Holiday weeks for time for traders to take a holiday.

 

 

     

 

     
Week beginning 09/20/10
     DATE            R         V     T     CHG     CHG%     HIGH     HIGH     LOW     LOW%  

"D" cycles reversal on Sunday the 19th and Saturday the 25th
Major astrological reversal on the 19th.
Two failed "C" cycles last week, make first part of this week strong candidate for drop.
See newsletter for analysis of failed "C" cycles last week

 09/20/10    0  -  7.32  1.44  8.38  1.65  0.33  0.06
 09/21/10    2  -  -0.83  -0.16  3.28  0.64  -2.22  -1.43
 09/22/10    1  -  -1.70  -0.33  2.28  0.44  -2.92  -0.57
 09/23/10    1  -  -4.37  -0.85  0.84  0.16  -5.35  -1.04
 09/24/10    0  (+)  9.88  1.94  10.04  1.97  3.37  0.66

 

Follow up:

Market finished down 3 out of the first 4 days.
Friday was up as indicated by the (+)
The big movers (+/- 1%) were Monday and Friday. As we often see, it was the day before the day that the indicator picked.

Comment:

The week was devoid of any reversals. The Jupiter/Uranus aspect on Sunday could have accounted for the upward move on Monday.

 

     
 
 
 Copyright © 2002, Handler & Associates, Inc.