TradeProphet Report

TradeProphet Weekly Report 25/4/2014

Last week saw the S&P500 index start at 186.44 and finished at 186.29 making... almost no movement  for the week.
looking at the support-resistance picture (below) for the S&P500 we see that the market is at the top of a  range trade,caught between 188 and 183,this might mean the the market is ready to return to the 183 level ,in the case the market will once again revert to the old pattern , breaking the 188 level means we are heading in a new up direction.

S&P500 index last 3 months

In any case ,there is no definite trend to the market since mid February this year.

As far as the trigger from TradeProphet system for the market,this is how it looks:
(click here for help on the info below)

Ticker	Position	Profit/Loss Ratio	Max. Draw Down	Sharpe	Std. Deviation	Order Date
DIA	Close Long	13.88	3.58%	17.29	0.02	21/04/2014
SH	Short	14.19	2.67%	13.59	0.55	22/04/2014
SPY	Long	40.33	2.94%	37.78	0.35	25/04/2014
VXX	Short	1962.35	0.00%	2207.15	0.01	02/04/2014
VXZ	Close Short	13.43	1.13%	9.72	0.38	04/03/2014

..total chaos with no definite direction,DIA has a "Close Long" trigger which basically mean wait but SH (short S&P500) and VXX has a "Short" trigger which is a good sign,along with SPY getting a "Long" trigger. The conclusion is clear,we should wait for the market to make a move,wait patiently !

These are the only ticker symbols to cross all required thresholds in order to comply with an  open position.
Best Long Positions

Ticker	Position	Profit/Loss Ratio	Max. Draw Down	Sharpe	Std. Deviation	Order Date
COG	Long	47.08	0.00%	68.65	0.20	25/04/2014
SPY	Long	40.33	2.94%	37.78	0.35	25/04/2014

Best Short Positions

Ticker	Position	Profit/Loss Ratio	Max. Draw Down	Sharpe	Std. Deviation	Order Date
CNPF	Short	5.12	0.97%	18.82	0.01	25/04/2014

Happy trading,
The TradeProphet team.