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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 10/2/20
Up 8/21/20
Up 10/9/20
Sub-Intermediate
Up 1/20/21
Up 1/7/21
Up 1/19/21
Short term
Up 12/28/20
Up 1/6/21
Up 12/22/20
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, February 26, 2014
Inverse funds
Take a look at the inverse small cap and QQQ ETF weekly charts.
That is one really big volume surge in these inverse ETFs. Apparently some people think the market is going down. Are they smart or dumb?
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