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Trend table status

Trend

SP-500

R2000

COMPX

Primary

Up 7/31/20

Up 1/29/21

Up 5/29/20

Intermediate

Up 10/2/20

?+ 4/23/20

?+ 4/30/21

Sub-Intermediate

Up 3/29/21

? 4/5/21

?- 5/10/21

Short term

Up 4/1/21

Dn 5/10/21

Dn 5/4/21


Don Worden of Worden Brothers (makers of Telechart software) used to keep a trend table before his health issues got in the way. I always found it useful. Mine is slightly different. Hopefully helpful. Up? or Dn? means loss of momentum. ? by itself means trend is neutral. ?+ or ?- means trend is neutral with bias of up(+) or down (-)

Wednesday, August 1, 2012

Chart practice

There was a nice response to the poll on chart practice.  I got more responses in just a few days then I did to all questions the last two months.  I have created another site and we will see what happens.  Check out http://traderbob58-chart-practice.blogspot.com/.  There is also a link to the site in the menu bar at the top of this site.  I hope you like it.  I will try to find interesting charts to study.  Just be aware that I might try to fool you sometimes.

Bob

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The information in this blog is provided for educational purposes only and is not to be construed as investment advice.