Forecast the move of the Index

redcloud

Junior member
13 0
I write this thread with the hope to begin a conversation about forecast the move of the index ( Dow Jones and S&P 500 ) and the respective Futures Contract for a very short term trading.
We know that at the open the Index go higher or lower, depend on level of the futures respect the fair value, in the meantime the futures move little after some minutes the futures begin to move. This is the point for the rest of the day. During the day sometime the Index move head the Futures contract ( example Dow-Jones / Mini Dow S&P / e-Mini S&P) and sometime the Futures move first. I try to watch some indicator to predict the move of the Index, Market Volatility Index VIX, Nyse Short Term Trade Index TRIN, Nyse Issues Up/down Ratio TICK ecc but all are behind the Index only one that seem to be in line is the Djia Issues Up/down Ratio TIKI.
Now I’m thinking that since the Index are composed by stock, likely some stock or some group of stock must move before the Index. Someone of you have try some instrument for anticipate the Index?
Thanks
 

FTSE Beater

Experienced member
1,518 4
Hi Redcloud

To be honest, I think any move / advantage you get would be too short to really make money on it. :(

I think Naz said he looked to Microsoft to make a move ahead of the Nasdaq.
 

Skimbleshanks

1
2,325 16
You might think I have really lost it here, but IMO the reason the markets move is because of the influence of the planets.

That's why it's almost irrelevant which index is leading; they will all move in the same direction because they are 'pre-programmed' by the planets to move. I use the net figure for all the indices because I find it easier to see which one is leading on that day.

And if you want the average times of the turns in the Dow tomorrow (Friday), they are 09:45, 10:50, 14:10; and 16:00 (US time). So on that basis you would expect to see three trends - up until 10:50, then down until 14:10 and then up into the close. These are the average times for that particular day, so you would expect to see the turns within, say, a 30 minute window of those times.

But please don't under any circumstances base any trading decision on this - I'm only giving them to you for a bit of fun. And you can give me a slap if they're wrong!
 

ed crane

Member
71 0
as a matter of interest where do you get these times from?
 

cassiopeia

Active member
133 2
the reason the markets move is because of the influence of the planets.

you mean PLANET EARTH! :cheesy:
 

Trader333

Moderator
8,590 922
For the Nasdaq, the two main stocks that will influence the move of the index are Microsoft (MSFT) and Intel (INTC). A significant move in these two stocks will cause a move in the index itself.

Also a move in the Nasdaq index is often followed by a move in the S&P and Dow indices.


Paul
 

Skimbleshanks

1
2,325 16
Ed Crane - I spent two years studying every intraday chart of the Dow and worked them out myself.

Cassiopeia - no, I don't mean planet Earth.
 

Bigbusiness

Experienced member
1,408 23
Do you mean you looked at intra-day charts and linked them to the movement of the planets?

If so, what about the Moon? It's a bit closer than Pluto. There have been studies about the correlation of moon phases and market movements.
 

FTSE Beater

Experienced member
1,518 4
Bigbusiness said:
If so, what about the Moon? It's a bit closer than Pluto.
That is complete RUBBISH :devilish: - Pluto is currently only 15 yards from here. I can see him talking to Mickey Mouse on the Disney Channel. The moon however, is way way up in the sky. :cheesy:
 

neil

Legendary member
5,167 747
"That is complete RUBBISH - Pluto is currently only 15 yards from here. I can see him talking to Mickey Mouse on the Disney Channel. The moon however, is way way up in the sky. "



FTSE you are a wag......Made me fall off the bar stool.

:LOL:
 

ChartMan

Legendary member
5,580 46
Skim mentioned this to me a while ago and we both fell about laughing.... So I said to her, 'you should have the courage to post your predictions' and see what happens. I thought it a bit strange, I must admit, But I'm not known for blowing someone out without good reason.
SO all you dis-believers, I'll blow the trumpet a bit here and make you sit up and think just a little bit harder. Skim posted these turning times yesterday, don't forget! Give her credit for being pessimistic too- she posted a +/- 30 minute window. I'll remind you of the times....
And if you want the average times of the turns in the Dow tomorrow (Friday), they are 09:45, 10:50, 14:10; and 16:00 (US time).
Now here's the actuals:-
9:50
10:55
14:01
15:50

So now you can stop taking the p*** and just think for a minute......
I think I'll be popping round to see her etchings.
I wonder if she would be prepared to post again on Monday?....
From our brief discussion, there seems to be far more to this than just posting the next day's reversals......
 

a320

Established member
689 8
Skim is giving a glimpse of arcane lore which may only be appreciated by those initiated;)
 
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