DELL Weekly Trend Model
IBM Weekly Trend Model
HPQ Weekly Trend Model
The obvious question that arises is, "It can't be that easy, can it?"
Past performance is not a guarantee of future results.
Plus, the past three years have seen some rather large trends, which is exactly the kind of market that this technique is designed to navigate.
Finally, note that all three of these stocks are in Weekly SELL modes.
Today's sharp decline out of the gate was enough to turn all Intermediate Trend Models SHORT. Below is a Daily chart of the DJIA with a potential wave count. Next key level is 9600.