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Monday, May 20th

…sceeto & Economic Announcements | Retail Sales | The Smart Money Knew

The market used the release of the Retail Sales numbers at 8:30 a.m. EST to sell off.

In this chart you will notice that both MacDaddy and WIND (proprietary tape algos from …sceeto) showed consistent selling for more than two hours prior to the announcement…go figure.

...sceeto 2.0 - beta - TradeStation Client - 14-FEB-12 - ES - Smart Money Selling Prior To Retail Sales Announcement

This same effect happened 10 days ago on 04-FEB-12 at 8:30 a.m. EST, when the NFP (unemployment report) came out (see here) but in the other direction.

If you are interested in being a beta tester of either …sceeto for TradeStation or …sceeto for NinjaTrader, please feel free to drop us a note here.

Hope this helps.

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2 Responses to …sceeto & Economic Announcements | Retail Sales | The Smart Money Knew

  1. j says:

    Are there any plans to add Sierra Charts to the platforms supported by sceeto?

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