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, March 15, 2019

Daily update 3/15

Break out?

SPX closed above all the important highs since the correction began.  However, it closed off its high and only 1 point above the Wed. high.  Breadth was only +57% which is not much for an important  break out.  This not very convincing at the moment.

The futures closed at a rally high.  They don't tell us much else though.

The green count crossed above 50, but just barely.

Today's break out was not very strong.  The bulls will need to keep it going next week.  Will they show up again?  I want to see confirmation by a close above today's high.

Have a great weekend.



Unknown said...

This is nice content to study about stock market, free share market tips

Sonal Jain said...

Nice Blog..One can get good information about stock market & Trading tips.Thanks .financial advisory company


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