4 replies to this topic

[Porter]

Monthly Trend Value 0 (mixed) Weekly Trend Value 1 (trading range) Daily Trend Value -8 (trending down) 45-minTrend Value 9 (trending up) Turtle Trend (LT) -4 (running downtrend) SPU Trend ..........Q......M.....W.....D.....45' SPU....U......U......U.....D......D Value..2......1......1......-2......2 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Up Weekly--Up Monthly--Down Globex 45-min Trend Up 135-min Trend Up ------------- Keltner Band Trend 10-day Neutral 7-day Neutral 2-day Neutral ----------- Moving Average Trend Mason-Dixon (NDX 200H) Down Gator (SPX 13D+8) Down Mallory (NYA 49D) Down SB (SPX 75D) Down Chandelier Trend Zweig (MID5%) Down Stox (NAZ9%) Down Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Up NY 10D NH% Down ND 10D DEAD Up NY Vol McSum Down ND Vol McSum Up Seven Sentinals ...TrinQ Buy ...TrinY Buy ...NAMO Buy ...NYMO Buy ...NAHL Buy ...NYHL Buy ...BPCompQ Buy Overbought VIX has gone down 4 days in a row. Commentary The 45-min trend is up on all 4 indices. The Daily trend is down on all 4 indices. All 7 Sentinals are on a Buy signal. Three of the Intermediate Term momentum indicators have turned up. Porter

[Scott-stock]

Porter Could you explain each of these indicators?? THANKS it would help!

[Porter]

>>>Could you explain each of these indicators??>>> ----------------------- Wow, that's a big job. I did that in the past, and I think Bob K. has an explanation on his web page. But briefly the Quarterly, Monthly, and Weekly trends are based on pure price action. Higher highs and higher lows define an uptrend. Lower highs and lower lows define a downtrend. I also have shorter term swing trends, the Daily and the 45-min based on the same principles. The really short term swing trends are the Globex 45-min and 135-min trends. I use 4 indices--spoos, Compx, NYA, and MID. A running uptrend gets 3 points. An uptrend that is not running get 2 points. A trading range gets 1 point. A questionable trend gets no points. The maximum for all 4 indices is + or - twelve. The opening range trend for Daily, Weekly, and Monthly is based on a breakout of the first 90-min, Monday, and first 5 days of the Month. The Turtle Trend is based on 20D breakouts. Each of the 4 indices is given a +1 or -1 rating. Bollinger Bands trends are based on breakouts of the Bollinger Band. Moving average trends are based on price being above or below the specified moving average. Chandelier trends are based on the specified index being the specified percent above a closing low or below a closing high. I think the momentum indicators are self explanatory. Each of the indicators is objective. There are objective criteria for identifying an uptrend, downtrend, buy or sell signal. The indicators I place most reliance on are the swing indicators. I notice I am almost alone here in that regard. Most everyone else here uses momentum indicators or some other type of derivative indicator. Porter

[Scott-stock]

porter Thanks What date did you explain them in detail so I can look them up Thanks for your help and what is Bob K's web page or site Thanks

[Porter]

What date did you explain them in detail so I can look them up

Thanks for your help and what is Bob K's web page or site

I don't know.
You will have to search the archives.

The best explanation is at Bob K's site.
Unless he chimes in you will probably have to EMail him.

Porter