No indicator....

can really lead any market

http://forum.incredi...s/9/245800.html

I disagree with this somewhat. Any one indicator needs to be placed with many confirmation indicators. I have quite a few short term indicators which are leading. I might ignore them depending on the strength of the market, medium term outlook. Usually these indicators give me a market direction lateral to down at the top, and come a day early, but it does not guarantee profit, so I use them with relation to 20 other indicators to try and get consensus. TREND INDICATORS = Bullsih ( Lagging ) ST Divergence = Bearish ( Ultimate, SPX McClellan, RSI-14day ) Short term indicators = Mildly bullish Bull Zone for NASDAQ is anything above 2440 ( this number currently rises about 10 points a day and is from bollinger bands ( 20, .75 )). If we stay above the Bull Zone without hitting any more leading indicators, the model stays bullish until we break below the bollinger band and do not jump outside the bollinger bands ( 20, 2 ) on the high side. Medium Term indicators ( we are at the top of a negative trend line ) We are not yet overbought medium term. Barry