The Academy of Stocks, Options, Futures and Forex (SOFF Academy) brings to you algorithmic trading and our latest development in the use of Artificial Intelligence (人工智能) for trading Stocks, Options, Futures and Forex. This is our way advancing the art of Technical Analysis and the proof of it is in our ability is an continuous uptrending Equity curve in our accounts.
Background
I am Jeff Toh and founder of the Academy of Stocks, Options, Futures and Forex. Over the last 30 plus years, I have invested in mutual funds and stocks and traded in options, stocks and futures. I have worked as an engineer in the telecommunications and broadcast industry for about 27 years. I graduated from the University of Canterbury, New Zealand in 1986. One of my majoring subject was Artificial Intelligence (AI, 爱) which I have utilised it in my trading system.
Over the years, I have maintained an interest in AI (爱) and has seen its tremendous progress. Now, with the same dedication that I have spent over the nearly 3 decades in engineering and management, I am pioneering the use of algorithmic and AI (爱) in trading the global stocks, futures and forex market especially in the Asian region.
The Academy of Stocks, Options, Futures and Forex (SOFF Academy) has created our Artificial InteLLigence Heroine, LiLiHe (李丽鹤). The basic foundation behind LiliHe is the use of statistical analysis, fractals and waves momentum in Multi-TimeFrames. In greater details, it translate to Buying and Selling pressure using Pricing, Volume and Timing in multi-dimensions.
Fractals were made famous from the work done by Benoit Mandelbrot in Chaos Theory to describe the market seemingly random action. LiLiHe analyses and parses market data to seek out the superior market correlated signals in different timeframes. LiLiHe characterizes market conditions in the different timeframes and applies different algorithms as condition changes. The intent is to seek outsized returns of 50% – 200% in the markets (stocks, futures and forex) consistently.
I am currently the co-chair of the Malaysian Chapter of the Market Technicians Association. Please do not hesitate to contact me on jefftohch@gmail.com for any inquiries on training courses to take you to a long term journey to wealth!
22 June 2017 – Where is the market headed?
Dow Transportation closed at 9319.84 with a high closing spinning top doji candle above its 21 EMA. Daily trading range was 82.5799. Momentum is sideways. Volumetric buying pressure is at 93.9%. BuySellTimer is in a negative cycle.
Dow Industrial closed at 21397.29 with a low closing doji candle above its moving averages. Daily trading range was 61.6599. Momentum is upward. Volumetric buying pressure is at 69%. BuySellTimer is in positive cycle.
Russell 2000 closed at 1404.5378 with a bullish candle above its 21 EMA and 50 SMA. Daily trading range was 11.4713. Momentum is sideways. Volumetric buying pressure is at 73%. BuySellTimer is in a negative cycle.
Nasdaq 100 closed at 5779.8696 with a spinning top doji candle above its 21 EMA and 50 SMA. Daily trading range was 34.5829. Momentum is upwards. Volumetric buying pressure is at 95.6%. BuySellTimer is in a positive cycle.
S&P 500 closed at 2434.50 with a bullish candle above its 21 EMA. Daily trading range was 8.3499. Momentum is sideways. Volumetric buying pressure is at 84.4%. BuySellTimer is in a negative cycle.
Metals and Commodities
WTI Crude oil futures closed at $42.82 with a bullish candle below its 21 EMA. Momentum is downward. BuySellTimer is in a negative cycle.
Gold futures closed at $1251.4 with a bullish candle below its 21 EMA and 50 SMA. Momentum is downward. BuySellTimer is in a negative cycle.
Agriculture (DBA) ETF gapped down and closed at 18.96 with a big bearish marubozu candle below its 21 EMA and 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle.
Commodities (DBC) ETF closed at 13.76 with a bearish candle below its 21 EMA. Momentum is downward. BuySellTimer is in a negative cycle.
Bonds
Bond futures (ZB) closed with a doji candle above its 21 EMA. It is trading at 156’19. Momentum is upward. BuySellTimer is in a positive cycle.
High Yield bond ETF (HYG) closed at 87.84 with a bullish candle below its 21 EMA and 50 SMA. Momentum is downward. BuySellTimer is in a negative cycle.
Currencies
$DXY closed with a bearish candle above its 21 EMA and below its 50 SMA. It is trading at 97.558. Momentum is upward.
EUR/USD closed with a bearish below its 21 EMA. It is trading at 1.1148. Momentum is downward. It is in a Squeeze.
USD/JPY closed with a doji candle above its moving averages. Momentum is upward. It is trading at 111.30.
Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLV, XLF, XLK, XLB and XLI respectively.
On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLV, XLK, XLI, XLB and XLU respectively.
Market Internals
Vix closed at 10.48. Vix futures is at 12.03. Skew is at 130.86. Market sentiment is bullish. Market breadth is sloping downward. Volumetric accumulation/distribution is sloping downward.
The Week Ahead
The Vix continues to remain low. Vix futures is above 12 which is about normal. Market is showing distribution. The prognosis is for a sideways market until the next catalyst comes along.
Penny Stocks Breaking Upwards!
PED, BIOS and AUO.
To YOUR wealth!
Would you like to learn to trade stocks, options or futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948.
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