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Trend table status

Trend

SP-500

R2000

COMPX

Primary

Up 7/31/20

?- 3/31/20

Up 5/29/20

Intermediate

Up 8/14/20

Up 8/21/20

?+ 9/18/20

Sub-Intermediate

?- 9/15/20

Dn 9/11/20

Dn 9/21/20

Short term

? 9/4/20

? 8/18/20

? 9/4/20


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.