If you would like an email sent to you when I update the blog please send an email with "subscribe" in the subject line to traderbob58@gmail.com. To be removed use "unsubscribe".

Search This Blog or Web

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 (-)

Friday, September 28, 2018

Daily update 9/28 Timing Is Everything: Liquidity Cut Amid Global Slowdown

Quarter three ends with a whimper.

No downside follow through from the post FED reversal so far.  Breadth was +53%.  New highs were 60.  New lows increased to 130.  Troublesome.

The futures are trapped between the 20 and 50 SMAs.  Winding up for a big move?

The red count slipped a bit, but remains above the green line.

We got the down week that history said we should expect.  It was not much of a down move though.  Oct. is traditionally the most volatile month of the year.  There has not been much volatility for months now.  Will it stay that way?

Here is latest article from ECRI on the global economy.  Apparently their long lead indexes have not turned up yet.  Timing Is Everything: Liquidity Cut Amid Global Slowdown

That is one fizzy soda!

Have a great weekend.


No comments:


The information in this blog is provided for educational purposes only and is not to be construed as investment advice.