S&P SHORT INDEX
To understand market perspective we also cover global short indices. Short indices are inverse of the regular market indices and move up if markets fall and vice versa. A view on global short indices can also give us cues whether markets are ready to bottom yet or there is more negativity. The following 4 short indices on S&P500, DOW30, Nasdaq and broad Russell are at extremely low rankings. These means that short portfolios on US markets were the worst performers. And for us at Orpheus, whatever is worst is not going to be the worst in the time ahead.
This means that US Indices might underperform leading to delivery on SHORT portfolios on US indices. This also suggest that it still might be early to look for a bottom on India or emerging markets and the MAR 2012 lows could still be a reality. We are still expecting a weekly positive close above 4750 levels before taking this bounce seriously.
The report carries global cases on SHORT INDICES and Jiseki rankings. To read the report download the latest report from the Orpheus e store.
Our Jiseki Time cycles are seasonal patterns of strength or weakness in assets. They are derived from percentile rankings of 0 to 100. The higher the percentile more the chance for an asset to weaken and worst the ranking, better the chance for the respective asset to outperform.
Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.