Trend arrow

[jonnyfrank]

Would it be possible to have a intermediate trend arrow that targets the general market direction in the short term? Like most everyone here, I do agree that the long term trend is always "up". However, since we are looking at an upcoming period of range-bound action, having a trend indicator that gives us some guidance on the ranges would be very helpful, especially since TA will be a powerful tool.

[SOL]

Would it be possible to have a intermediate trend arrow that targets the general market direction in the short term? Like most everyone here, I do agree that the long term trend is always "up". However, since we are looking at an upcoming period of range-bound action, having a trend indicator that gives us some guidance on the ranges would be very helpful, especially since TA will be a powerful tool.

I will take that into consideration and talk to the team. I don't make a move unless there is a decent amount of consensus. However, the second issue is that for everything new we do it leads to more questions and work.

FYI, the trend indicator is about to turn Neutral.

[MarkD]

Only a TI subscriber would see that as a great situation for investors.

BTW, one chap I follow on Tweeter expects 1800 on the S&P. He has been fairly accurate btw.

[SOL]

Only a TI subscriber would see that as a great situation for investors.

If you are referring to the trend turning yellow, it is potentially a fantastic situation as it could possibly fulfil another major requirement for a FOAB. The FOAB is a signal that tests the discipline of even the most disciplined traders. So if a signal is generated today, the earliest the next signal could be triggered is 12 years from now, unless some other extraordinary conditions are met and back testing this only occurred twice. Once was during the great depression, and the other I forget but it was roughly around world war 2. After that, the exceptional conditions were never met, which means that at the very minimum one had to wait 12 years for the next signal

[jonnyfrank]

Only a TI subscriber would see that as a great situation for investors.

If you are referring to the trend turning yellow, it is potentially a fantastic situation as it could possibly fulfil another major requirement for a FOAB. The FOAB is a signal that tests the discipline of even the most disciplined traders. So if a signal is generated today, the earliest the next signal could be triggered is 12 years from now, unless some other extraordinary conditions are met and back testing this only occurred twice. Once was during the great depression, and the other I forget but it was roughly around world war 2. After that, the exceptional conditions were never met, which means that at the very minimum one had to wait 12 years for the next signal

Your post begs the question: is it looking like the trend will turn yellow today?

[SOL]

Only a TI subscriber would see that as a great situation for investors.

If you are referring to the trend turning yellow, it is potentially a fantastic situation as it could possibly fulfil another major requirement for a FOAB. The FOAB is a signal that tests the discipline of even the most disciplined traders. So if a signal is generated today, the earliest the next signal could be triggered is 12 years from now, unless some other extraordinary conditions are met and back testing this only occurred twice. Once was during the great depression, and the other I forget but it was roughly around world war 2. After that, the exceptional conditions were never met, which means that at the very minimum one had to wait 12 years for the next signal

Your post begs the question: is it looking like the trend will turn yellow today?

Not yet, but could happen any day now. The Keyword being could

[bpcw]

If you are referring to the trend turning yellow, it is potentially a fantastic situation as it could possibly fulfil another major requirement for a FOAB. The FOAB is a signal that tests the discipline of even the most disciplined traders. So if a signal is generated today, the earliest the next signal could be triggered is 12 years from now, unless some other extraordinary conditions are met and back testing this only occurred twice. Once was during the great depression, and the other I forget but it was roughly around world war 2. After that, the exceptional conditions were never met, which means that at the very minimum one had to wait 12 years for the next signal

Your post begs the question: is it looking like the trend will turn yellow today?

Not yet, but could happen any day now. The Keyword being could

Can you hear the drum roll.... da da daaaaaaaaaaaa!

[ripat27]

Would it be possible to have a intermediate trend arrow that targets the general market direction in the short term? Like most everyone here, I do agree that the long term trend is always "up". However, since we are looking at an upcoming period of range-bound action, having a trend indicator that gives us some guidance on the ranges would be very helpful, especially since TA will be a powerful tool.

I will take that into consideration and talk to the team. I don't make a move unless there is a decent amount of consensus. However, the second issue is that for everything new we do it leads to more questions and work.

FYI, the trend indicator is about to turn Neutral.

What does "the trend indicator is about to break neutral" mean? What indicator are you talking about?

[DrSven]

The main indicator from the market update on page 1. The one indicator to rule them all.

[ripat27]

THANKS. Can we really consider that the upward trend will continue given the geopolitical instability and the ongoing climate change which will have unpredictable repercussions on the world economy?

[Yodean]

[Yodean]

[Do-or-Die]

You are posting some good info Bro. Keep up the good work. I was busy trading the TQQQ since Late December 2022. Jumping in and out. My small trial portfolio is up almost 100%. Off course now I wish i had put more money, but i am sure when i put more I will lose. Oh well, the learning journey never ends

[Yodean]

*****

Chips, baby ...

[Yodean]

*****

One way to conceptualize the market cycle, combining both sentiment and positioning.

Imv, we're somewhere on the upslope between "market is consolidating" and "fundamentals maybe changing."

*****



Another perspective, could be combined with the first graph. On the second graph, imv we're climbing a Wall of Worry between Disbelief and Hope.