Sunny Side of the Street

Sunday night January 23, 2022

If you signed up for my Free Indicator for TS, or if you registered for the FREE Strategy Trading Forum continuing on Jan 25th, I have taken the liberty of sending you this weekly Free Newsletter: "Sunny Side of the Street." If you don't want to continue receiving it, just unsubscribe and I'll take you off the list. Thank you for your interest.

Link to Sam Tennis' Products below.

PROGRAM EASYLANGUAGE . DEVELOP YOUR OWN STRATEGIES . LEARN HOW TO TEST WITHOUT CURVE-FITTING . BOOST YOUR PROFITS . START TRADING WITH CONFIDENCE . OUTPERFORM . TRADE SMART

STRATEGY TRADING FORUM. We are continuing this week with Session IV. Save the dates January 25 and Feb 1 2022! Starts Promptly at 10am PST each Tuesday. Sam Tennis speaks this week near the end of the session. Only 2 sessions left. If you want me to do another marathon Forum this time on Technical Analysis, please let me know here. I will do it if enough people are interested. Again, FREE.

All New "Strategy Trading in 4 Parts" by Sunny Harris. The Sessions on Jan 4 ,11 and 18 went very well and were well attended. Next meeting is Tuesday Jan 25 and each Tuesday at 10am PST for 2 more weeks. Thanks! The slides are posted: log in under Membership.

I will send you the Zoom Link to the Strategy Forum right after I send this out, if you are registered. This week's topic: "Testing & Optimizing Your Strategy."

Want to watch my YouTube videos: Here's the link. Want to hear the NEW BingTicks Positions? Link coming next week.

VantagePoint ai Prediction for Tomorrow

VantagePoint clearly projects the anticipated direction and magnitude of tomorrow’s market. One can use any symbol; I trade the EMini S&P short-term and select stocks for my long-term portfolio. VantagePoint clearly projects the anticipated direction and magnitude of tomorrow's market with incredible accuracy. One can use any symbol; I trade the EMini S&P short-term and select stocks for my long-term portfolio. Whether you trade stocks, options, futures, forex, ETFs or crypto, you too can benefit from VantagePoint's predictive artificial intelligence. I highly recommend attending one of their They offer FREE live trainings. No obligation. To save your seat for their next FREE live session, please CLICK HERE. [Advertisement]

Tonight's VantagePoint Prediction is of the ES. As you can see, their prediction for Monday (+/- 3 days) is for a high of 4,456 and a low of 4,314. More downward action is impending. They have been VERY accurate lately, predicting the current downdraught before it started. The moving averages are all three well below zero and sharply down with no end currently in sight.

Check my MoneyMentor home page of this website daily to keep up with the daily predictions from VantagePoint. I post them every day after 4pm PST.

While this prediction is good for tomorrow, wouldn't you want to know every day of the week? Of course, the best thing is to run VantagePoint every afternoon, not just on Sunday nights, as I do for this newsletter. And you can always look at the home page of MoneyMentor to see the current VP chart.

Last Week I Said

Last Sunday I said Further move down Tuesday could be a sign of more to come. And that's what happened! VP suggests even more is at hand.

SunnyBands Implications

Dow Jones

The Dow, which consists of 30 industrial stocks, not the high tech ones that I like to trade, has set new all-time highs only to retreat from them. In fact, it closed on the low of the day 6 days in a row, to end the week down 1,646 points. Overall it has gone down 2,705 points from the all-time high it set on 1/4/22. That makes it down 7.32% so far.

The Purple DMA is on top of the Gold, denoting bearishness. The DMA_H turned red on 1/5/22 the day after the all-time high, telling me to short. Volume, however, is not above average telling me that we have not yet hit capitulation. Bottoms usually end on high volume.

I have a new indicators I call "Recession" which uses OOEL to draw a horizontal line from the highest high down 20% (or x% via inputs). The 20% reversal line lies at 29,593 The 10% line lies at 33,246, just below the current market, where it could easily go.

Take your trading to the next level: Join my LIVE Trading Room for FREE as a Charter Member. It airs every Tuesday morning at 7am PST / 10am ET. For as long as people are interested. To become a Charter Member just fill out the Trading Room form and tell me you want to receive entry to the Trading Room. And you will be FREE for as long as your membership is continuous. Such a deal for the early birds! NOTE: I won't know to send you a Zoom invitation if you don't sign up.

S&P 500 (ES)

The ES was weak this week giving up 277 points. The DMA_H was showing red, giving a short signal last week. Last week I said: I think we have further to go on the down side, but again, I trade 5-min charts not the daily. Price is right now at the -76.4% Fib retracement. Of course it could go further, but it could want to turn around due to the Fib line. It is also right at an Attractor that set up in October 2021. As I prepare to send this out the ES is up 32 points in after-hours trading. The market has been trading up in the mornings and down sharply in the afternoon.Tomorrow will be telling.

Please join my LIVE Trading Room. It's fun! It's exciting! It's free (so far). It may be the only opportunity you may have to query me live for FREE. Join in and speak up. You only get out of it what you put in. I'll be trading live and answering questions and trading my real money LIVE every Tuesday morning at 7am PST. /10amET. It's FREE for the time being. If you join as a Charter Member you'll be free for as long as you keep your membership continuously. Join by filling out my sign-up form here.

Since this is a weekly missive, we miss the daily changes to the indicators. Send me an email if you are interested in daily updates. I can have them sent to you directly from my trading platform to your email or your phone. Or better yet, order SunnyBands and DMA_H for your own computer. Of course, like all my products, they work on intraday charts just a well. All symbols, all timeframes.

To get a long-term perspective, let's look at the various positions called for by the consensus of timeframes. Note that the timeframes are all bearish in one form or another. All show Bearish except the monthly, which says Bullish turning down.

TimeFrame	Position
Monthly	bullish /\
Weekly	bearish \\
Daily	bearish \\
15-Minute	bearish \\
1-Minute	bearish \\

It really helps to have these indicators for your own, to take your trading to the next level.

Call me (1-760-908-3070) and I'll send you a 7-day FREE trial of these indicators for you to see for yourself. Don't want to call? Just fill out your questions and desires on my Comments form and I'll get right back to you.

Stocks

In this section, I like to take a peek at a few of my favorite stocks. I trade what I know. I use Amazon in real life, so I trade AMZN. I use Verizon as my phone carrier, so I trade VZ. I use Google all the time. I use Microsoft software so I trade MSFT and so on. Let's first look at the RadarScreen view of a few stocks:

The table above is my main research tool. It not only has my DMA_H predictions but also shows my PHW indicator (yellow) at the far right and 3 short-term averages calculated with my DMA smoothing function. I call this one RedLite-GreenLite.

When I sort on PHW from highest to lowest tells me which stocks are the most tradable. A stock that just moves slowly from A to B is an investment, not a tradeable (to me). I'm looking for wide swings from which to profit, not just buy-and-hold. This is how I decide what stocks to buy and which to trade.

This week the RadarScreen shows a new idicator: It is showing the direction of price relative to the 20-, 50- and 200-day simple moving averages. Since these are popular numbers watched by many, including pundits, I wanted to see if any stocks stand out as still being winners.

In fact, there are some. If price is below its respective MAV the cell is colored light red; if price is above the MAV the cell is colored light green. Another way I can tell at a glance what's happening.

Notice that Pepsico (PEP) is still showing all 3 in green, along with Vertex Pharmaceuticals (VRTX). Another great tool for my research. And yours too if you want it. Some other stocks that show all green are: CHKP and EA. Wouldn't you like to do your own scans for good stocks?

To me trading is not about being right! There are lots of advisors and stock pickers out there who boast about getting MSFT at $32 and holding it for gazillions in profit. My trading style is to specialize in a few things and be good at them. The stock pickers never tell you how many they picked right, only the few that were the big winners. I specialize in a handful of stocks for the long swings and the EMini futures for intraday trading.

It is the columns to the right of the RadarScreen window show a colorful area that tells me at a glance the configuration of my DMA_H on all the stocks in this portfolio. (This indicator is called DMA_R_H, meaning DynamicMovingAverage RadarScreen Histogram.) Green Bearish \/ means the stock has been bearish but is now turning up. Purple \\ means primarily bearish. (These are the colors in the DMA_H and SunnyBands DMA. So, "purple" means Purple is on top in the DMA.) Gold Bullish // means the stock is moving upward. Red Bullish /\ means the stock has been going up but has now turned downward.

Of course, you can sort on any or several of these columns with this indicator. Color coding things makes it easy for me to spot opportunities at a glance. If you would like this indicator for your TS RadarScreen click here.

From this look (above) at the RadarScreen (like a spreadsheet) I can sort by SDMA, which shows me all the bullish stocks on top with Dir showing me which are moving aggressively upward and which have been moving up but have now turned down or the PHW which shows me the most tradable stocks. Call me, I'll explain it. 1-760-908-3070 PST. Or, better yet, email me your TS Customer Nbr and I'll set you up with a FREE 7-day trial.

Click Here to see and listen to the DMA_H Live with BingTicks! ALL NEW: BingTicks has been upgraded to talk! In my voice it tells you your current position in the market, or your strategy's position. It says "Flat," "Long," or "Short" and the number of contracts. I wanted it to help me keep my focus on what my chart/position is doing. It works wonders as an attention focusing device. And, it still bings and bongs with each tick of the market. Get it here: BingTicks.

HUM

I haven't yet bought in HUM. It made a dramatic drop on news, and bounced from the -76.4% Fib line, but after a couple of days up it turned back down. I'm waiting for the overall market to turn around before I'm a buyer.

Price went up through the LOB giving a buy signal but turned around is now back down to the LOB. Looks fishy.

AMZN, is still the stock with the highest PHW, with Bookings Holdings (BKNG) second, with AMZN dramatically dropping along with the rest of the market. In fact it has been consistently under the DMA since 12/13/2021. The short signal on my DMA_H was given on 11/22/2021. I closed my AMZN holding back then and still haven't bought back in. I'll wait until the DMA_H gives a buy signal.

AMZN sure got out of the channel it was in, but not in a good way. It tested the channel and blasted on down. Does that mean that investors think inflation and higher interest rates will cause us to buy less from Amazon? I don't know about you but I'll keep up my Amazon shopping remotely.

Cathy Wood's 5-year projection for TSLA (below) is now at 5,000 at this juncture. Several other pundits I keep track of are suggesting 5,000 also.

TSLA has closed down on Friday after a run of several days of correction. I'm still holding on for the 5-year timeframe.

I still believe we will continue to turn to carbon-neutral technologies and electric vehicles. I have not yet purchased their vehicle because I'm waiting for better batteries. I would want to get to LA and back on one charge before it is viable technology in my mind. When the batteries are better I expect this stock to really take off.

Notice that TSLA is still well above its 200-day MAV (due to much lower prices and a huge run-up) and yet under the 50- and 20-day MAVs.

Nine weeks ago I said I thought ARKK price would tick on down to the LOB and possibly beyond. It has done just that. Price is now below the LOB and even below its lower Attractor at 80.24. It is very difficult to meet expectations after you have the phenomenal year she had last year. I get a list of her trades every day by email. You can too by going to www.ARK-invest.com. I think she over-trades and should consider some longer-term holdings. The Purple DMA line is still on top, telling me she has futher to go on the downside.

The chart below is a weekly chart. We have been looking at daily charts, which look dismal. In a conference call she had last week she pointed out that she is up 21% on a 3-year and 5-year basis, outstripping many other ETFs. Corrections are natural and she's now down to the 76.4% Fib line, but not yet down to the lower Attractor. I wish her only the best and hope she turns it around.

MSFT penetrated the DMA and dropped down and shortly through the Attractor at 306 (that I mentioned last week). It continued on down through the Attractor and looks headed for the Attractor at 280.31. It has been riding between the LOB and LIB for the past few days and the DMA_H is purple, signalling more bearishness. Volume is above its average and could be signalling a capitulation. We shall see. Stay nimble.

Buy the DMA_H and SunnyBands for yourself. They are life savers. I totally rely on them for my own trading. You can have these indicators for yourself. They are a great trading tool! And now I have a new indicator that plots a series of colored dots letting you see at a glance Who's On Top, Purple or Gold. Here's what it looks like. It is the series of Purple and Gold dots at the bottom of the chart.

Send me a note telling me what stock you would like to see analyzed next week. If you are reading this I would like some suggestions! Click here to leave me a Comment.

BitCoin, Etherium, Gold, Bonds

BitCoin

BitCoin looks better on a weekly chart than on the daily chart. On the weekly chart it looks lie it's heading for the Attractor that lies below the 100% correction for the low to highs. These lines are at ~31,000. The DMA_H signalled bearish on 11/112/21 and that would have been a really nice short trade.

I haven't held any BitCoin. Instead, I have had ETHUSD (Etherium) since its low in May. I'm still holding a nice profit in ETHUSD and intend to hold it for years just to see what happens. Price dropped precipitously on Friday on down to its Attractor at 2,631. Right to the prices seen in September 2021. Is it over? Is the speculation over even while the Central Bank is signalling it is considering its own crypto currency? Maybe that's even the reason it dropped. I am still trusting the charts and the technicals. I'm still holding for much higher prices.

Gold

Gold i dropped slightly down, to the UIB. Will inflationary concerns raise the price of gold? Is the safety factor over?

I am giving a talk for TimingResearch on 1/25/22 where the speakers will be presenting their Outlook for 2022. One of the charts I will be analyzing is Gold. Register and Tune In. It should be fun. I'll be picking and analyzing many markets.

Bonds

Bonds jumped up on Friday, right to the DMA, on the daily chart. Purple is still on top speaking to bearishness, BUT the DMA_H signalled bullish on 1/11/22, even though some indecision occurred several day later, probably due to the rumors of sharp increases in the interest rate in March. It's not an impressive move on the weekly chart, however. On the weekly chart it looks like a small move up just over the LIB. I think it's heading to the DMA which lies at 158.45.

DEFINITIONS

Attractor: I coined this term to refer to the market's tendency to revert to the mean. An Attractor can be a line of support or resistance, a moving average, a Fibonacci line or a trendline. The markets tend to return to the Attractors. An Attractor is often a horizontal line or a trendline drawn, not on highs and lows, but at the preponderance of prices. Attractors are drawn around heavy market activity, not on extrema.
DMA: My DynamicMoving Average—calculates its own lengths internally and dynamically. When the DMA Purple line is above the Gold line I say "Purple is on top" and if the Gold line is above the Purple line I say "Gold is on top." Purple on top denotes bearishness while Gold on top denotes bullishness.
DMA_H: DynamicMoving Average Histogram—The difference between the two DMA lines (Gold and Purple) plotted as a histogram.
MidAngle: The angle of the MidLine in degrees. When it's flat I avoid trading, or stay in the previous position.
MidLine: The average of the Gold and Purple lines. You can set SBands to use it if you like it. I keep it on my charts plotted in black.
PHW stands for Potential Hourly Wage. This indicator places dots at ideal turning points on the chart. The RadarScreen version is what I use in the RadarScreen display above to identify the most tradeable stocks.
UIB, UOB, LIB, LOB: referring to SunnyBands: UpperInnerBand, UpperOuterBand, LowerInnerBand, LowerOuterBand respectively.
Who's On Top: purple and gold dots at the bottom of my charts that clearly display whether the Purple DMA or the Gold DMA is on top.

For a FULL Glossary of Trading Terms, click to go to MoneyMentor's Comprehensive Glossary.

MY DIATRIBE FOR THE DAY

IMPORTANT: Nothing in this newsletter is an offer to buy or sell securities of any type, nor is it advice to make any financial decisions. You are in charge of your assets and only you know your risk tolerance and how much you can afford to lose. Never invest/trade with money you cannot afford to lose. This information is intended as educational only. DISCLOSURE.

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I love listening to happy music while I write and program. Here's today's song: Somewhere Over the Rainbow.

Products

All subscribers to my Sunny Side of the Street newsletter, and Members of MoneyMentor, are eligible for a 10% discount on my products. Call if you are interested. (760) 908-3070 PST. I will be raising prices March 1, so if you want any of my indicatorsnow is the time before prices go up.

Consulting/Mentoring - There is nothing that makes me happier than my students turning into great, profitable traders. I love to help new traders, and intermediate traders who are in a slump.

Quips and Quotes

"Thanks very much; I do like hearing from you [, Sunny]. Thanks to SunnyBands I now have a net worth above $1.25 Million." -Don T.
[Editor's note: Don started 3 years ago with a $25,000 account. And, he told me yesterday that his account is now well over $2 Million.]

"This is a very powerful tool! It's better that what I've had. I'm going to scrap my old tools. It's speaking to me. I kicked butt today making $1,500 trading crude, gold and the S&P." (re SunnyBands) -Tony C.

"I want to thank you for your books. I have read them all and it has been what has inspired me to have confidence in what I have been trading. This month alone I'm currently up $80k." -Tim A.

"Impressive Resume! Wow. You have forgotten more than most of us will likely learn. :)" - Kevin S.

"U r still a genius!!! Not a single losing trade all week!!!" - Chip S.

Consulting Packages

Sunny has been teaching others to trade almost as long as she has been trading. Helping struggling novices over the hurdles is a passion of hers. Sunny has won awards for her teaching and consulting, being #1 in several categories. Sunny can teach you how to use TradeStation & MultiCharts and EasyLanguage and PowerLanguage, TC2000, VantagePoint, NinjaTrader, Genesis Navigator, and MetaStock so you don’t spend months struggling on your own. If you have a concept you want programmed, she can do it for you or teach you how to do it yourself. Click Here.

Strategies, Indicators & Custom Programming

We provide a wide range of software programmed by Sunny for her own trading. We are not a churn and burn shop that puts out lots of indicators for sale, just to have products to sell.

Each of these unique products is available to help others in their quest for profits. And, they are used by Sunny in her own daily trading. The software includes indicators that make trading smooth and easy, and strategies that can even be automated to provide hands-off trading. Click here for a full list, descriptions, charts and prices.