Gizmo's Grotto

[Namiar]

My NDX and SPX models are both in scalp mode for the moment. As such I will not be moving to cash at EOD. RUT has not joined in.

NDX is sporting an average daily volatility at 0.55%. In the last 5 trading days, the NDX is down a cumulative 2.3%. The ratio of NDX to ADV is > 4, which is often a good buy point.

SPX is rolling at 0.39 for ADV and -1.8 for cumulative 5 day loss. So that index is similarly oversold per the 4X statistic.

Also I see that the RSI5 stategy for the NDX was opened yesterday.