SPX 60 minute trend model
I'm not advocating short-term trading here, just providing an illustrative model of trend following on a shorter-term time frame.
The monthly chart isn't all that different:
The monthly chart isn't all that different:
SPX monthly trend model
This weekend I hope to provide a fresh overview of these models in my Weekend Update to the email list.
A
5 comments:
ultra-short consumer might be one to watch
John Mayer - Free Fallin
Again,
Trade of the next week to your subscribers:
think of cxm just think of it
Monday, April 26, 2010: Saturn opposite Uranus. Simply said, with Saturn and Uranus, we have Same vs. Change.
The most consistent (same) market event for Mondays has been a rally. As of 04/19/10, 18 out of the last 19 Mondays the market was up big.
Maybe this Monday will be different. And the stock market will begin plunging at last.
Sometimes I lie awake at night, and I ask, "Where have I gone wrong?" Then a voice says to me, "This is going to take more than one night."
~ Charlie Brown, "Peanuts"
Charlie Brown likes ultra-short ETFs
http://blogs.stockcharts.com/chartwatchers/2010/04/consumer-discretionary-stocks-primed-to-lead.html
consumer spending index technicals; PPO at critical level, which prefigured previous downturns.
nice Lil Wayne reference.
take the trade...
-Mike
Post a Comment