One of the strengths of cycle analysis is identifying cycle bottoms. Identifying tops is a bit more challenging, depending if a cycle is forming as a left or right translated cycle. So I began looking for a way to help identify equity cycle tops. Through much trial and error I developed the FAS Buy/Sell Indicator.
I was quite pleased with how well this spotted equity cycle tops (daily, weekly) so I began tracking it. Strictly using the generated buy/sell signals delivered a high percentage of success. Once I decided to applied a stop loss, the success rate went higher.
I provide the FAS Buy/Sell Indicator to my subscribers as another tool in the tool box for equity studies.
Here are the charts posted on Thursday morning, Friday morning and over the weekend.
This is an end of the day signal. So we begin by looking at Wednesday’s equity chart.
Stocks ended Wednesday with a gain.
The FAS Buy/Sell Indicator, which I normally post the following morning, gave a warning signal heading into Thursday.
So stocks printed a higher high on Thursday.
Based on Thursday’s print, the FAS Buy/Sell Indicator delivered a sell signal heading into Friday. And the sell Stop was raised.
On Friday stocks managed to print a higher high before dropping.
The sell stop signal generated by the FAS Buy/Sell Indicator did its job. It helped to identify the equity cycle top and protected to the downside.
For this week I will offer a 1 month trial subscription of the Weekend Report.
$15 for one month allows you access to the entire Likesmoney Weekend Report Suite.
Included is the Weekend Report Suite:
My notebook on Miner Studies, Dollar Studies, Equities Studies, and Corn Studies
Also included is my proprietary FAS Buy/Sell Indicator and the Bullish Percent Index Bingo
Click here for to signup for a 1 month trial: