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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 8, 2017

Daily 2/8 This Is How Out-Of-Whack US Trade Relationships Really Are

Zzzzzzzzzzzzzzzzzzzzzzzzzz.


Still no buying interest.  Breadth was +53%.  New highs dropped way down to 80.


The futures bounced off the 20 SMA, but failed to really go anywhere.

I have run out of ways to say this market is boring without using that word.  This market is boring.  I read somewhere today this is the longest streak in SPX's history of days with less then a 1% range between the high and low.  Can the market get any more boring?  I guess we will see.  If I fail to get an update out it is likely I fell asleep.

I talked a while back in the blog about how imports subtract from GDP.  Here is an article with a lot of detail about the countries our trade is really out of balance with.  This Is How Out-Of-Whack US Trade Relationships Really Are

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.