The Effective Trading System since 3/6/2009

You would wonder what system has worked best since the March 6 low.

The best system since the March low is "Trend-following" system.

The Effective Trading System since 3/6/2009


The only effective system working since the March low is Trend-Following System as I previously noted that the trend has not violated.

SPY Daily
 
* 92.53

* My trend-following indicator is on trending market mode as shown on the chart.

* Trend-following markets which we have seen since the 3/6/2009. As I have noted that we do not have a violation of the trend to confirm a meaningful pull back.
Obviously, markets were fading many other technical readings for those who were looking for a pull back. The bottomline is that markets were pushing higher in light volumes using shorters as fueling the markets regardless of what real economic prospect is.
 
* Of course, financial media is always hype one way or the other to sway market sentiment - now, projecting bullish scenario to lure in small investors.
 
* A breakout above 930-950, as previously note is targeting SPX 1000 +/-.