This is how to identify buy candidates with perfect timing. Perfect timing was the topic of my last weekend's market recap. It is therefore appropriate to post a new stock on that topic today, Monday. This is an Indian stock - the analysis and CUE tools and techniques are the same for all other markets and countries. My aim, as always, is to explain the CUE tools and techniques - not to provide stock tips. This explains the tools and techniques quite well. $SUPI.NS $SUPREMEIND (India) This shows the stock level analysis across multiple dimensions. This is a potential 360 trade provided it can go up the next day and break the nearby daily Memory resistance trendline. This CUE analysis helps traders to find candidate buys and enter them with perfect timing, probably using a Precision Entry real-time chart. It could also be bought with an end-of-day chart, with the best daily chart timing. However, as I mentioned in last weekend's market recap, the most important part of swing trading profitably is being right on the market and preferred trading direction. Indian market is at a very high level (at or near an all-time high depending on which market index you look at). That is not a time to go all out on buying - at least not for me. I would rather wait for a pullback. I am not, therefore, sharing as a buy candidate here considering the market level. However, it is as good a candidate stock as you can find to buy the next day if your market view is bullish. I have marked the snapshots and they are self-explanatory. If not, you may review the learning videos on my YouTube channel.

Is it a time to be bullish? If you followed my Twitter feed (https://x.com/SuperiorProfit), you would know I stopped being bullish and closed my long swing trades yesterday 24th Jul 2024 (a nice day, what a coincidence of having 24-24 in the date). I tweeted about that decision during market hours. I could decide that based on CUE breadth insights. Now is the time to explain that in more detail. There is a unique CUE chart pattern that has worked out with remarkable accuracy both at the top and at the bottom. For the top, it is a chart at PriceExtremeHigh (high price), at JumpThrustHigh (jumping up with acceleration from that high price), and then suddenly followed by a BigMoveDown3 (the parent of all bearish momentum). I hypothesize that it is due to selling by big players - not small traders like myself. And that selling is often not completed in one day. More down move usually follows. Do we have that pattern today (and in some instruments in recent days)? The answer is YES, across the board. That is a very good reason to stop being bullish at the market level. 1. USA Total View - the broadest of market representaion has that pattern today. It has nearby trendline support in both weekly and daily. If those are broken, it is not only time to stop being bullish. One may start looking for short swing trades too. 2. Leaders Index represent leaders. The is to create that custom index when the market is strongly going up - based on the leaders of that time. And then watch when it breaks down. If even the leaders break, the market rally is usually over for the time. That has happened today. And it borke below treneldine support with BigMoveDown3 at PriceExtremeHigh. What is more? It even underperformed the market. 3. Mega-Cap custom index has the same heavy-selling-at-unsustainable-top pattern. Once again, the bearish Headwind in weekly cauthgt the very top. As you know (if you are follwing my YouTube videos https://www.youtube.com/c/TradingProfitably), I shorted several mega-caps since then and profited from that. Could you also profit from that? 4. Market external view using ETFs - $SPY, $QQQ, $IWM all three have displayed the same heavy-selling-at-unsustainable-top pattern. 5. Sector-industry-stock breadth from CUE Edge - Not only technical weakness, the weakness is in sector-industry-stock breadth across the board. It is changing from bullishness to bearishness. 6. Technical Breadth from CUE Finder - that is essential part of trading profitably to decide preferred tradign direction. That too has nothing to be bullish as of today. The Headwind alert is saying more downside is likely. 7. CUE Market Breadth Total View, a single-chart internal health check of the market, had warned about this weakenss ahead of time using Hindenburg Omen and Bango breadth weakeneing signals at the top. Those warning seem to be coming into fruition now. Did you pay heed to them? I always do. However you see it, the market is pointing to further weakness ahead. And I am not bullish at present for swing trading purposes. I am starting to look for shorts. What is your view of the market and how are you managing your positions? Are you protecting longs? Are you looking for shorts? Do you have a system that can help you decide those with ease and without ambiguity?

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A reliable technique to buy at the extreme-low price level. I have mentioned a CUE pattern that is very reliable. It is a pattern. Not a setup. Once the pattern is there, you may look for a CUE buy setup. That is exactly what came in this stock $HLL.NS $HINDUSTANUNILEVER (listed in India). That is majority owned by $UL ($UNILEVER), listed in the USA. Here is the pattern. Find a stock jumping down with acceleration (JumpThrustLow) at the extreme-low price level (PriceExtremeLow). And then all of a sudden, out of nowhere, comes a parent of all bullish momentum (BigMoveUp3). I hypothesize that some bigger players stepped in to stop the down move. Sometimes BigMoveUp3 comes with a CUE buy setup. Sometimes, the buy point, i.e. the CUE setup may come a few days later. For this stock, the buy point came the next day with a Breakout buy setup. And the Breakout setup day also had another BigMoveUp3. Using CUE Finder you could find the Breakout buy setup in $HLL.NS near the open and buy it using real-time charts. By doing that, you would cover the risk distance by the close and could book at least a partial profit, guaranteeing a risk-free trade from then onwards.

Small-cap, value buy candidate at a low-price level. In the weekend recap, I showed that it made sense to look to buy small-cap stocks (that was in favor) and value stocks (that was also in favor). Here is such a stock. $ARRY One thing to note is its industry is still weak. Will you still consider taking a low-risk buy entry looking at the technical charts and fundamental score? Alternately, you may watch how the industry closes - whether it shows strength or acceleration by the close. There is no right or wrong approach. It is your judgement call looking at all the objective analytics.

I was reluctant to buy non-defensive stocks as the market is at a very high price level and there were/are too many Hindenburgs and Bangos (bearish Breadth signals). But today, I decided to break from my reluctance. And this is why. Only rarely can we find a single stock showing some of the strongest signals in both technical, fundamental and industry rotation analysis, all at the same time. We have that in $CZR today. In terms of industry rotation, CUE Edge shows its industry is one of the strongest today and one of the most accelerating too, over five days. That is a strong plus turn-around industry. That is one of the strongest signals in industry rotation analysis. The industry is up by a massive 2.2% today. What about fundamentals? I recently introduced Box stocks in CUE DIVES. $CZR is a Box stock. And it is also a 3-Star buy candidate with undervaluation and high earning growth. Plus, it has a short squeeze potential and insider-buying. 100% of peers stocks are up today. Fundamentally, for non-defensive stocks, this is as good as it gets. Finally, I would not consider buying without a proper CUE buy setup. It has a Breakout setup today. But that is not all. It has one of the strongest patterns in technical analysis. That is, it has longer-term weekly Memory trendline support. And a shorter-term (daily) breakout of trendline resistance. It is coming out of Price Extreme Low, a lucrative and low-risk buy-point. The false-downside-moves in both weekly and daily (that happened right after earnings) makes the breakout today even more significant. Today has a bullish Flow, momentum signal too. The friendly Commentary shows that it, other than the Breakout setup and Price Extreme Low pattern, has a bullish Fanout pattern too. Lastly, as some icing on the cake, you could say, we look at the additional momentum signals. It has a PSAR reversal, Mobo Breakout from a Squeeze with a Kahuna and a green Bongo. That is four green-dots-move from a a squeeze. We don't have to stop with technicals. CUE Season shows it has strong bullish Seasonality in April. Just one month away. That makes it an even more atractive buy - should you plan to potentially hold it through April, 2024. April's Average-when-up-% is a massive 20% up move. And that is only the average number. In the past it has moved even by 40% or 48% in the month of April. A lot of signals across multiple dimensions. And finally, if you were going to apply stops (you would - woundn't you?), the stop is not far away. That makes it a 360 CUE buy-candidate, with the back-of-the-mind thought about the Hindenburgs and Bangos. They did not go away. Did they? No. They did not. Would you be conservative and wait for a pullback? Or will you not mind taking a well-assessed-size position in $CZR now itself? That is something only you can decide for yourself.

The Oil & Gas Exploration & Production industry is up by 4.1%. It is one of the most accelerating and one of the strongest industries as well. That makes it a turnaround candidate. $APA in that industry is undervalued and has a 3.3% dividend yield. 97% of its peers went up. Technically, it has a Breakout long set up at a Price-Extreme Low with a Fanout bullish pattern. It also has the parent of all momentum signals, BigMove3Up. Will you consider buying such a stock? I would. Note the upcoming earnings on 21st Feb. An appropriate strategy may be employed.

Not many energy stocks are up today. Or in recent days for that matter. But here is one. $HP Its industry is up today. Over 5-day it is showing acceleration. Fundamentally, it is a 3-star candidate with under-valuation and higher earnings growth. It pays a 3% dividend yield too. 67% of peers are down but this stock is up by 0.7%. Earnings is nearby and an appropriate strategy may be adopte. Technically, there is no CUE buy setup as of now/today. However, it is displaying bullish Indecision cluster at the bottom in both weekly and daily. That may be an alert to add the stock to a buy watchlist and execute the trade if a buy setup is confirmed.

The market continues to be too oversold to short. For the last five weeks, $DXY, the dollar index, has moved sideways in a narrow range. If it comes down, that may provide some bullish impetus to the market. But that is not the case yet. All the market ETFs fell. $IWM broke below weekly Watermark support. There is no support nearby. It is at Jump/Thhrust Low - an extremely oversold condition. $DIA broke below weekly Memory trendline support. There is no other support nearby. It is nearing Jump/Thrust Low. $QQQ was also down for the week. But it has white Direction line support in daily nearby. $SPY also fell for the week. It has weekly and daily Memory support some distance away. Overall the ETFs are bearish and all, especially $IWM, are oversold. A bounce from here will give many lucrative buying opportunities. I will wait for a proper buy signal. Oversold markets can get more oversold. And often does so. In terms of Interla Breadth, whether you look at Total View, Composites, or Major Indexes, all are oversold both in terms of % of stocks above 50 DMA as well as 3-month New High-Low. Also, there are a series of Bingo (sell everything, even those of value) signals in multiple breadth charts. Once again a bounce from here may give lucrative buy setups. But I will wait for that. CUE Sector-industry-stock breadth and Technical breadth are also bearish. No buy signal there either. All across the board, the market is weak. It is oversold - too oversold to short. And not enough buy signals to buy. That is resulting me in me having no preferred trading direction. I am standing aside. And under such a situation I do not like to look at stocks. If the market tells me to stand aside, why look at stocks, I think to myself. As always, I will keep watching the market with real-time CUE and when the buy signals come, I should be able to catch them in time. I wait for that.

I would not like to short this market. Yes. It is bearish. No doubt about that and I will not even spend time trying to show it is bearish. It is and you know that well. But I won't like to short. I don't like to short oversold markets. And it is oversold. If anything, I would like to buy - provided I have a CUE 360 buy setup. It may not be easy to get such setups right now. But I am not in a hurry. Are you? Why do I not want to short? UUP (dollar index ETF) is holding steady and if anything, it is about to break the triangle pattern to the downside. That may help the stock market. Of course, whether it helps or not I can see that from my market analysis. The other major reason I do not want to short is the oversold nature across the board in CUE Market Breadth charts when you look a the 3-month New High-Low as well as the % of stocks above 50 DMA. Both are in extremely oversold conditions. And that is true for Total View, true for NYSE and NASDA, and also true for all the individual major indexes. The above analyses are as of the weekend. And today is Monday. Now is about 11:45 AM EST. CUE Edge's Bucket Analysis is nearing (not there yet which will be when 30-40% of stocks are the lowest bucket). That is also a reason for me not to short at the moment. Also, there are slightly more greens in the sector-industry-stock breadth as of now compared to Friday. That is not enough sign to buy. But I am happy to wait for more signals. Other than waiting for the real-time signals from CUE Edge (green pies across the sectors-industries-stocks) about when it is time to buy, I am also aware of the Phoenix signal that came in the CUE Market Breadth Total View on Friday. If that is followed by an Eureka or Accumulation count, I will look to buy. There are many stocks with great fundamentals near a lucrative buy point (e.g. at a Price Extreme Low and even at Jump/Thrust Low). But they are not giving CUE 360 buy signal yet. I am going to patiently wait for that. And if/when that comes, I will be ready to pull the trigger and buy the stocks or execute appropriate bullish options strategies.

Note: This post is tested/valid as of Oct 2023 for TradeStation 10.x. It may continue to be valid for future TradeStation releases as well. The current version of TradeStation has an option to auto-configure it for higher performance. You may follow the menu/dialog box shown below to set it up. After setting it up, you may close TradeStation and reopen it for the changes to take effect.

This stock is so weak that you may look for a short setup. It has poor earnings, and the next earnings date is near. You may use a defined-risk strategy. Learn the signals in the snapshots below from https://www.superiorprofit.co/learn(https://www.superiorprofit.co/learn) $ASND Weak industry. Weak fundamentals. Weak technicals (look for a confirmed Headwind reversal setup at the close). Note the daily chart levels (white Direction and Memory trendline resistance false breakout) from where it is reversing.

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This high dividend stock is giving a perfect breakout buy setup. $COAL.NS $COALINDIA (India) Why is it a perfect breakout? That is because the Breakout setup in daily is accompanied by strong trendline support in weekly. Those situations (weekly trendline support, daily trendline resistance breakout) are some of the most reliable trades (when taken in strong fundamental stock in strong industries). Here is the complete CUE 360 analysis of the stock. You can easily find such trades in the USA and other markets using CUE real-time systems. CUE Edge industry-rotation table shows the industry to be one of the strongest and most accelerating today. CUE Vital fundamental scorecard shows it has 10%+ dividend yield and funds are accumulating. CUE Global charts show it has weekly Memory trendline support and daily Breakout setup. It also has a trend-following Flow long setup at the same time. You could know of that from the CUE Global chart commentary as well (if you are new trader using CUE, the commentary is great help in reading the chart exactly as I would read it). Commentary also shows it has squeezemove and fanout patterns, making the buy even more attractive. If you found such a stock in your market, what would you do? Buy, sell, stand aside? I would probably go for buy.

The power and ease of top-down trade identification becomes almost a fun exercise using CUE systems. Here is a live example from the Indian market (which is in my daytime time zone). The exact same tools and techniques can be used in all global markets including the USA market. In real-time, using CUE Edge I saw Consumer Discretionary was the second weakest sector. The weakest one was Energy. I decided not to focus on Energy stocks as they may be more volatile and susceptible to sudden changes owing to messages coming from/on OPEC etc. Consumer Discretionary sector is decelerating too - with Pace in the bottom 20%. With one click, I drilled down into the Consumer Discretionary sector's industries and found Consumer Electronics industry to be among the bottom 20% in Score. I used CUE Vital to find find weak fundamental Consumer Electronics stocks and found this one, $DIXO.NS $DIXON (India). It is overvalued. 100% of peers are down today. Funds are not accumulating. Lastly, I looked up the technical weekly-daily At A Glance layout using CUE Global. Weekly Backdrop is bearish. If the daily candle Flow color turns bearish (magenta), it may confirm a Flow short setup. With the top-down analysis done in a matter of minutes, next step is to wait for the Flow setup confirmation and get ready with position sizing and strategy (which instrument to use for shorting; stocks, futures, options?). This top-down analysis is extremely powerful not only to look for potential trades. But also to avoid looking into stocks where all the 360 dimensions are not alinged. You could equally effectively and easily apply these tools and techniques to the USA or other markets.