 Hey folks, it's Hari Swaminathan from optiontiger.com. It is Monday, December 24th. The market is just about to open and you can see the ES is down about 1375. What I want to do in this video, obviously we are in a bearish environment. What I want to do is I have created this new signals for day trading. This is very powerful. This is proprietary. There's lots of programming involved in this. There's a mixture of simple moving averages, exponential moving averages, momentum MACD and money flow and all of that stuff. Then, of course, there is some qualitative analysis as well that goes into it. We want to focus on this particular column. The market is just about to open 19 seconds left and we want to see how these things move. What I have on the left side is the chart of the ES. It's a five-day-five minute. As you can see, this is all pre-market action right now and the market is just about to open and we are down about 1450. As you can see, most of the stocks are bearish. If there's anything that's bullish, that is gold. Now, the markets are open and you can see how these things can change as per this indicator. These are very good for day trades in general. What you want to do is just hang on there. You don't want to take any trade at the open. There's going to be some volatility and you can see the S&P is charging up and so the ES is now showing a neutral basis just based on some of these parameters that go into the calculation. What we want to do is just hang in there, wait and look at how these things change depending on how the markets move. I want to be quiet here and just look at the screens for a couple of minutes and see how it goes. Now, you can see some of these things are moving into bullish first. If it's very bullish based on the parameters of the algorithm, then it will go into very bullish or very bearish as it may, but looks like the S&P wants to charge higher and so you can see some of these, all of these stocks are moving into the bullish mode right here, at least for the day. This is a very day trading system. You might be in the trade for minutes, maybe an hour or so or a couple of hours. That's about it, but you really don't want to hold these positions overnight. These signals are valid for day trading and it's pretty intense in the sense that if you can take the trade at the right time, you can easily make the day trading numbers work for you in the sense that you can get about seven or eight winners right away and on the winners you can easily make more than what you would lose on the losers. Let's just hold it right here and watch this action as the market has just opened. It's just about a minute or 55 seconds into the market open here and you can see it's starting to move into bullish. That's because the S&P is moving higher from the pre-market and so now you see there's another, this is gold, of course, which is the two are the very bullish, the gold, which is acting like a safe haven. But what we want to keep track of is when one of these stocks go into the very bullish and then you can probably take a trade once it goes from bullish to very bullish and that's what the signal gives. Let's just hold it right here and watch it for a couple of minutes. In general, what you want to do is take trades that are in sync with the overall S&P. That's why I have the S&P chart right here. As the S&P goes up or down, you want to be able to identify the stocks that are strongly correlating with it and that's how you take the trade. We're going to keep it as this. Right now, there is no real trade opportunity as I see it. The S&P moved up higher but it seems to be struggling so I'm just going to pause it and we'll wait and see. Based on this action, you can see that Facebook has moved into very bullish. Let's click on Facebook and see, oh yes, it's moved really higher. You can see that this is a great trading opportunity right now. Perhaps you just want to wait for the ideal opportunity to enter but right at the get go, Facebook has jumped really high. This signal is coming out very strong and Facebook has moved into the bullish. Previously, there were only the gold futures as well as the GLD but now Facebook is looking very strong today. If the S&P continues to, even though it's negative, if the S&P continues to improve, then Facebook will do well and so this is when we can take a trade on Facebook and you can see it's still punching higher and the S&P is improving as well. This is a good sign. I'm going to come back to the S&P chart and also just keep one eye on Facebook and now you can see advanced micro devices also went into very bullish and so if we look at the advanced micro devices and you can see, boom, there it goes. At the open, it just went charging higher. These were two opportunities obviously to take a trade. Now, XLE, of course, is the energy. We know oil prices are going down so it's going to be very bearish and that's not a really good sign for the overall markets if oil is just going to go down because that indicates that the economy coming forward, I mean coming into the future is going to be somewhat weak. So that is a bearish sign but you can see the XLE also it's looking very bearish and if you look at the XLE chart and you can see that now, that is definitely looking bearish on a day trading basis. So this is all on a day trading basis. I'm going to go back to the ES and see what happens here. ES just crashed big time. So what we would want to see is stocks moving more into the very bearish range and perhaps Facebook and advanced micro devices, they might also turn around. Let's see. Yeah, Facebook is already turning around a little bit and so is advanced micro devices. So as you can see, there's a strong correlation between stocks and the index and this is what you would want to see and take the appropriate trade. Now, granted this five minute bar on both Facebook and AMD might have been too early and also too short of a trade but what you want to look for is trending situations on the SMP and then find the trending stock and that's when you take the signal. So I'm going to pause it here because we would like to see more, if the SMP is going down, we want to see more of the very bearish category because you want to take a put option trade rather than a call option. So if you look at Goldman Sachs, for example, yes, that is looking very bearish. Tesla is also looking bearish now. Yes, definitely I think Tesla would be a good candidate. XLE of course we know that it's very bearish. So once again, I'm going to pause it here and just look at the SMP and see where things go. So you can see now City Group has also moved into the very bearish category. So let's take a look at the City Group chart. Yes, it's definitely looking bearish. So that's a potential for a bearish trade. Now, the SMP is looking weak because just a couple of minutes ago, it was down about six points. Now it's down about 15 points again. So very volatile markets now and it's very strange for a December. We generally don't see this kind of volatility but what you want to do is on a daily basis take advantage of quick day trades in this environment because you never know what the overnight markets are going to bring and so holding positions overnight generally won't be recommended in this kind of a volatile situation and the other thing that you can look at is the VIX and if you look at the VIX, the VIX will be, it's already in the 30s and so if you see the VIX here, that's a very high level of VIX and so there's obviously lots of concerns in the market and so you're better off taking put option trades whenever the markets are looking weak and of course they will always be snapback rallies. So on any given day you might be taking call trades as well but on this particular day at least it looks like put options definitely seems to be a better option. Right now we have two stocks that are in the very bearish category and that is Goldman Sachs and Tesla and even though Facebook and all are looking bullish, you don't want to go against the grain of the S&P so as long as the S&P is the one that you're going to look at for your trade signals in the sense that whether you go bullish or bearish what you want to do then that this system will give you exactly which stocks are correlating much more to that kind of an environment and so now you can see the S&P trying to move up a little bit cut its losses and so a couple of other stocks are coming into the bullish category here but what you want to keep in mind is that there were a couple of stocks that were looking pretty bullish that was Facebook and AMD so let's go take a look at Facebook yeah it's trying to once again recover just like the S&P and AMD as well is the same story so let's just keep an eye out and see what's happening with the ES for some more time. Okay so the S&P seems to be getting weaker just a little bit but you can see there's more very very bearish coming in Caterpillar is coming to the very bearish category as well the only thing that are looking good are the gold stocks as well as Facebook and Facebook also should be retreating I believe yeah it is retreating but it's still in the very bullish category because it's made such a nice move up so as far as all the algorithm parameters are concerned it's still looking bullish however I think it's clear that it's weakening and so it might come out of the very bullish category into the bullish but obviously today you're not looking for bullish trades because the S&P is weak you can see that it is down 22 points now 23 points and so you want to take put option trades and so now there's quite a few candidates here we have Goldman we have Citigroup Tesla and Caterpillar all four are very bearish and so this is the kind of trade that you would want to take today and we could have taken a trade on either Goldman or Tesla before itself and you can see that it's been going down since then we looked at Tesla we we could have caught in a put option trade right there and taken it down similarly with Goldman sacks if you look at the first couple of bars they are right here and right now Goldman is at 156 so it's down about four dollars but we could have caught it much earlier so this is how these signals are working I'm going to be making these videos if you're interested in these signals please send me an email at info at option tiger.com again these are very powerful day trading signals available these trades can produce some very quick and very rewarding profits and there is a lot of parameters that have gone into the algorithm for this like as I said there's moving averages there's three different there is a couple of simple there's a couple of exponential moving averages there's also the momentum MACD calculations that are going in there's the money flow and of course it looks at volume as well and then there's a couple of qualitative parameters as well so all of that will be available as part of this signaling signaling system if anybody's interested please send me an email at info at option tiger.com thank you