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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 10/15/20

? 10/21/20

Up 10/13/20

Short term

? 10/19/20

? 10/19/20

? 10/19/20


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, November 25, 2015

Daily update 11/15

Nothing new.  This is pretty simple.


I think this is the only chart that matters at the moment.  We have a resistance zone above and the 20 SMA below.  Someday the futures will decide to break one of them.  Until then expect slop and chop.

Have a happy Thanksgiving to those in the states.  With all the bad things going on in the world today it might be a good time to count your own personal blessings.  There must be some good things.  Happy Thursday to those in the rest of the world.  There is no reason you can't take a minute to count your blessings also. 

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.