MikePalmeter

MikePalmeter

Useful predictor of sentiment. Shorts increasing, longs stable = expectation of imminent dump.

MikePalmeter

Continuation of the bear trend below $8400 is in progress.

MikePalmeter

I use a back-testing tool called Haasonline Tradeserver and have been exploring different indicators to evaluate their performance over the last 90 days. This is part of a defensive strategy. Using this indicator, I have been able to secure a +5.01% gain between 2018/02/17 00:00 and 2018/03/07 00:00. The market had daily volatility ranging from -6.95% to +7.32%...