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Gold, Miners and S&P 500 Trends and Trading Signals

S&P 500 Stock Market Analysis

The last five years I have been fine tuning my S&P 500 (SPY) index trading with the use of cycles, sentiment, volume, momentum and the volatility index. Until just recently some of the data I use for generating these extreme overbought/oversold conditions were only available after the market closed. This made the high volatile trading sessions difficult to truly know if an extreme level was reached during the trading session.

The exciting news is that a new data feed and a top notch programmer now allows me to turn this once manual calculation of 17 data points -- taking me an average of 25 minutes to figure out -- into a system that generates signals in real time complete with profit taking signals, trend direction and a protective stop which self-adjusts depending on the market volatility and cycle stages.

Two other benefits are that during extremely high volatility levels and mixed cycles the system does not generate any signals. This allows us to avoid the large daily swings in price that typically shake even the most seasoned traders out of the market for repeated losing trades. Also during potential trend changes when cycles and volatility become choppy, trading signals are not generated helping to avoid the volatility that takes place during reversals points when the bulls and bears are pushing each other around.

Below is a very basic version of the trend and signals for the S&P 500 index as it does not show profit taking, trend reversal stops or protective stops for individual swing trades yet, but it's coming soon.

Crude Oil Weekly Chart

Crude oil has been making a move higher in the past four weeks but it's now testing resistance and the chart shows a high volume doji candle. This is pointing to a pause or pullback in price should take place.

Natural Gas Weekly Chart

Natural gas futures have been under pressure the past couple months but it may have put in a bottom last week. The daily and 60-minute charts show strong buyers stepping in here.

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