Trading SPY
        with TigerSoft          
                                   


                                                              1986-2023 TigerSoft Charts
                         (C) 2023, William Schmidt, Ph.D. and www.tigersoftware.com

                         Highlighed comments will be added in the next few weeks. Stay tuned.

1986   - Start each year with DJI chart to get Peerless signals on DJI. #2 - Place SP-500 chart on screen with its automatic (optimized) Red Buys and Sells.         Stochastics are particularly useful as long as prices do not run up or down too much.         Then superimpose Peerless signals from DJIA on the SP-500 chart. #3 - Fine tune these and Peerless signals by watching the key internal strenght indicators vs. their own 21-day ma on the chart.  Draw trendlines on these and watch for flagrant NCs, non- confirmations.  Be alert also for support failures and breakouts by the SP-500.

1987  Peerless Produced S4 and S9 at tops in 1987.  See what the internal strength indicators vs their 21-day ma looked like.  The October S9 was the fourth in 1987, showing how vulnerable the DJI was.  The support failures was below 310, a level that had held on four previous occasions.  This made its penetration vey significant. It was widely perceived as such by professionals and amatuers, alike.

1988     Superimpose the Peerless signals on SPY and watch the trends of the key indicators' against their 21-day ma.  Note also the channel's parallel support and resistance line.  That they are parallel adds to their reliability. SPY's own chart produced excellent red (optimized system) signals.

1989   Both Peerless and Optimized signals appear in chart below.  Note trendlines and bearishness of another October S9.           Trend-changes occurring with the internal strength indicators that coincide or soon follow           a Peerless Buy or Sell are particularly helpful to a trader.  They "clinch" the Peerless signal.

1990                                                                    S9

1991

1992

1993   Peerless signals need to be shown here.  Will be on a DJI chart/or superimposed on SPY.

1993-1994  DJI chart below shows a perfect Peerless Sell S4 in February.

1994 - SPY     S4 and H/S warn of Feb-March sell-off.

1994-1995   Bull Market that started at end of 1994 was driven by Professionals who were alerted to Fed's no longer raising rates.  Not bullish flat topped breakout into all-time high territory.  Peerless Buy B10 shows bullish breakout..  See how non- Professionals doubted the breakout, but Professionals recognised its importance.

1995   The bulging Accumulation Index was a classic sign of bullishness, as were the flat-top breakouts.  The  1995 bull market aptly suited a third-year in the four-year Presidential cycle. The B24s mark new highs following a big Accumlation bulge.  Day-traders prematurely turned bearish in second half of year.

1996   Note the pink-circled inverted head/shoulders price pattern.  Its completion marked the start of a new leg up.  Day Traders focused on the intra-day moves and missed the larger bullish picture that was to be in place until the Summer of 1998..

1997                                                                                     Peerless S9 The bearishness in early October was recognized by the wide divergenced then between prices and our Tiger Closing Power.  The turns up of the Day Traders' Tool worked well as Buys                                                                                                    S9 (Peerless)

1998 - SPY                                                     S12 (Peerless) When the Closing Power is noticeably lagging as it was in the Summer of 1998, wait for a Peerless Sell to short or for the Closing Power to turn down.  Day-Traders correctly turned bearish at the top here, too.  The bottom in October took place with the DJI down 19%-20% and when the second bottom took place on multiple non-confirmations. See how positive the Tiger IP21 (Accumulation Index) was at the bottom.

1999 - SPY As the third year in the four-year Presidential cycle, this had bullish seasonality working for it for the first half of the year.  President Clinton his Goldman Sachs Treasury Secretary were de-regulating banking and letting a million jobs go overseas, much to Wall Street's liking.  Meanwhile, the Public was busy speculating in internet and biotech stocks.   Professionals, however,  nervously worried about when the FED would take away the spiked punch-bowl. The year-end rally became increasingly speculative.  Staid dividend-paying stocks on the NYSE were ignored.

2000 -  The SPY top in March came two months after the DJI's.   The speculative bubble was then burst.  The August peak was made with the Closing Power showing a wide divergence from the SPY itself.  At that point, Professionals increasingly recognized that "the jig was up". as Grouch famously remarked in 1929, while the Public bought more and more.  2000- SPY

2001   Comments will have to wait until next weekend.

2002

2002                                                     Bear Market

2003                                           Bear Market Bottom

2004

2005

2006
2007                                                                                     Bull Market Top
2008                                       Bear Market
2009       March-Bear Market Bottom
2010                                         Gulf Oil Spill
2011                                                           Gov't default on Debt.
2012
2013
2014
2015
2016                                                                                                           Trump wins!
2017
2018
2019
2020                  Covid Bear Market     QUANTITATIVE EASY =                                                             FREE MONEY FOR  WALL STREET BANKS
2021
2022
2022-2023