The Market Barometer measures the energy in the S&P 500 (SPY). Forecasting short term changes in the market weather. This report is sent as a courtesy of Paperdolls.Today paid subscribers. This is a significantly reduced rate than is available for traders accessing these reports directly from marketbarometer.fyi
Green Today.
Projected change— We are on our 7th day of reds
(Highly probability of change is due in 2 days. We are officially on Day 7 of reds)
April Note: If all sticks to the projected schedule the reds will lose this tug of war. I haven’t seen a split decision in this particular streak yet. Since I’ve been tracking it for the last 6 years, I have always seen at least one split decision before the colors officially change. I’m the only one who does the reporting who seems to think the split decision before a switch is valid. Thank you for indulging me in my own private little analysis. Regardless, we are schedule to officially switch in a couple of days, so trade accordingly!