QQQQTRDR Signal

Hello All: I always trade with signals. I look at 25 charts for trend, overbought and oversold, and leading indicators to let me know which way to invest. I trade Mutual Funds so my charts are short term to intermediate term in time, so I should trade positions about every 5 to 6 weeks...... Unless there is objections I will post my signals here when they change. Please ask questions if you like. INTERMEDIATE TREND: BEARISH INTERMEDIATE SIGNAL: BUY ( Strength of 7 ) ( Monday Strength was 12 ) Barry

Sounds good, Buy em baby.

Cool. So what does 7 and 12 mean? Is 7 weaker? And what is the range?

Also what number says buy and what number says get out. Or do you wait for the sell?

Also what number says buy and what number says get out. Or do you wait for the sell?

There are multiple signals the number strength refers to the number of positive leading signals. I have 4 divergence signal also in that number that only has 1/2 wait. Usually a 2 - -2 is a neutral territory. 10+ is a very strong buy and 4+ is a buy. -10 very strong sell and -4 sell.

At this point we stay long until we reach 2 = -2 territory. In this territory there are about 5 other graphs I look at to see if we have reached certain levels required during this up run. Once those charts have reached the necessary levels, we need to make a choice to go to cash or stay long. At that point the Buy signal becomes Neutral. We are lucky if 60% of stocks in the NYSE are above there 50-day average at this time, and we stay long....


We also look for days where QQQQ is greater than 2%, on those days we should have >65% of stocks in NASDAQ Advancing. Large days with poor breadth is always a sign of a top unless it is within 2 days of a bottom.

McClellan NYSE with a value of 100+ on an upswing is also a sign that we should continue higher...

2/3rds of the charts I look at are from http://decisionpoint.com I graph the charts on a daily basis. If by chance the charts do not accurately predict, an Intermediate turn, I can go back and make adjustments....

Barry

Hello All:

I always trade with signals. I look at 25 charts for trend, overbought and oversold, and leading indicators to let me know which way to invest. I trade Mutual Funds so my charts are short term to intermediate term in time, so I should trade positions about every 5 to 6 weeks...... Unless there is objections I will post my signals here when they change. Please ask questions if you like.

INTERMEDIATE TREND: BEARISH

INTERMEDIATE SIGNAL: BUY ( Strength of 7 ) ( Monday Strength was 12 )


Barry

Thanks for your efforts