Incredibly boring day on the Emini – tiny range of only 5.75 points. Everyone must be thinking of Easter and winding down early. Still, we got a signal on the TRIN systems so that raised my heart beat a fraction at the end of the day.
TRIN, Put Call Ratio & Smart Money Oscillators (Emini daily)
My swing trading oscillators have moved into over-bought. The TRIN Oscillator turned down and as I've said before, it's usually the first.
The last down swing we had in the oscillators didn't results in any market weakness. Let's see if it's different this time – we've formed a bearish divergence pattern.
TRIN Indicator System (Emini daily)
Turn down in the TRIN oscillator gave us a take profits and reverse signal. The last trade ended up being a small winner of 6.50 points.
TRIN Indicator System Equity Curve
And the equity curve continues to make new highs. Very satisfying, but remember these are just "example" systems to show the usefulness of the Better TRIN Oscillator. No stops or money management is included.
TRIN Indicator System Performance
Let's hope for a little more action tomorrow. Hope your Emini trading is going well.