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Hi, This is Cuerva with your daily S&P 500 Follow The Bots market review sponsored by
sceeto for Wednesday November 7th, 2012.
Today's trading represented a classic 'Buy the rumor sell the news' trading opportunity
when the news from the United States was that President Barack Obama was re-elected.
The S&P 500 futures market rallied in the overnight session up to 1431 75 and traded
consistently downward throughout the trading day.
WIND, the Weiss Inter Market Neutrality Detector, provided consistent indication that the trading
bots working across the equity components of the S&P 500 were aligned in their selling
patterns.
WIND gave traders a pre-maret indication that trade direction would be to the downside.
WIND maintained a strong sell bias through most of the day's trading session.
Isolated buying spikes in order flow momentum, as measured by sceeto's MacDaddy, provided
traders excellent shorting opportunities throughout the morning's trading session.
The day's low of 1384 coincided precisely with a classic Sequential Trading Bot Rotation
of equity bot HFT Trading Selling with a Tipping Point where the electronic futures' Sell Programs
momentum waned, as surfaced by sceeto's Sell Programs Waning, followed by substantive buying
by the High Frequency Trading Bots.
The move up from 1384 was supported by consistent Buying from The Trading Bots.
This is Cuerva for Follow The Bots.com sponsored by sceeto.
Happy Trading.
Sceeto's advanced algorithmic order flow data is now available within TradeStation, NinjaTrader,
MultiCharts, and Sierra Chart.
For more information please visit www.sceeto.com.
This is Ceurva from sceeto.
Happy Trading.