I realized after I posted the daily update I forgot to include the futures chart. When I went to get it I saw the futures down a bunch. After doing some searching I found NK launched a missile that passed over Japan. Not good. Here is the current chart. Where the futures will be by morning is hard to say. However, this could be serious.
Bob
Trend table status
Trend | SP-500 | R2000 | COMPX |
Primary | Up 7/31/20 | Up 1/29/21 | Up 5/29/20 |
Intermediate | Up 10/2/20 | Up 8/21/20 | Up 10/9/20 |
Sub-Intermediate | ? 2/22/21 | ? 2/18/21 | ? 2/22/21 |
Short term | Dn 2/22/21 | ? 2/18/21 | Dn 2/22/21 |
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 (-)

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