Advanced Automated Trading Systems & Indicators with NinjaTrader

Good Morning,

I just want to touch on two things… the market and my new charting with NinjaTrader

Today’s video covers the SP500 in a little more detail along with natural gas and precious metals.

It is a big day for the financial sector (banking stocks) and if they turn around and rally expect the SP500 to post some solid gains.

Precious metals may keep selling off. Trend is still firmly down.

Natural Gas is looking lofty… I am starting to drool over a short play or inverse ETF play for that. I am keeping my eye on it.

Financials are on fire this morning, they did gap lower but have posted some big gains this morning. Anyone who got long in the past three days with me should be at breakeven or in the money now. Let’s hop this is a key pivot low and prices rally/grind higher into the holiday season/year end.

Below is a daily chart of the SP500 index using the NinjaTrader platform. Over the last few months as you likely know, we have been completing our fully automated SP500 trading system so that it will be available to our followers. Over the next month we will be phasing all our charting analysis, tools, indicators and systems to run on the NinjaTrader platform. Reason? because NinjaTrader Rocks! and supports all our custom indicators and automated trading systems much better than what we are using now.

Anyways, back to the chart below… As you can see there is potential for the SP500 to pullback several percentage points. As long as it stays above our blue support line and short term high volume zone we will remain long the market adding on dips.

Talk soon,

Chris Vermeulen
NinjaTrader Partner