Fixed Odds Trading Strategy

Markets are now jumping around like a dog with fleas.

When you think that we have formulated a range, Intraday or weekly, it then breaks out. We were in the 13200-13700 range for the Dow, now the bottom has moved up to 13400 and the top lowered to 13600

After this rise, the Futures are lower, as if the rise was unjust and now the markets are uncomfortable at these higher levels.

I can sense a feel of modesty right now, just as if Equity Indices feel as though they are showing off if they rise more than 0.5% in a session. What does this mean short/medium term?

Some interesting facts for the coming weeks to bear in mind…

UK Markets – 2nd strongest day of year for market is 28th July

5th strongest day – 29th July

7th weakest day of year is 8 July

4th strongest week of the year is week 30

And the 2nd weakest week of year is week 29

So, to sum up, the 3rd week of June is usually very weak. The week after, Very Strong!

Forget the days, it is the weeks that are an interesting study… As more often than not, these are more accurate over the last few years of market interpretation!

Graham
Profit Vortex