Here's the KVB NBA Contrarian Fund through 103 plays with links to each play and crude closing line comparison. The snapshot of the last summary is at the top with the subsequent plays and running numbers following...
Here's the technical chart...
I tried to slam OKC a bit the other day, you can see I even added the ML to an open parlay trying to anticipate a turn. OKC won but, alas, the NBA is a tricky animal with a lot fakeouts before the moves.
The truth is, we could be heading into a retraction that could last more than a season, but doesn't mean we can't trade.
I want to add one more thing to the graph, a sort of histogram that shows a difference between the two moving averages. When it crosses 0, we have a cross of the lines...
I want to share one more screenshot here.
This is a screenshot of an excel spreadsheet used to make those graphs but notice the formula and the highlighted cell...
I did the opposite of the formula for the "sell" signal. Each signal marks a cross of the moving averages, or a cross of zero on the difference histogram. There have only been 3 this season.
We can use this type of spreadsheet to back test market results and analysis. Here we're using SMA but we can use other technicals as well on these market tracking Fund.
We can set a tolerance as well. Say you went 5 trades after a signal, or 8 trades, or until you make a unit, etc.
Going to stop here for now.