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Trend table status






Up 7/31/20

Up 1/29/21

Up 5/29/20


Up 10/2/20

?+ 4/23/20

?+ 4/30/21


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, February 8, 2017

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


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


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