during my time away, i created a new indicator, which is essentially a hybrid momentum indicator, so for lack of a better name, for the time being, we'll refer to here it as 'sharp momentum'.
below is a chart that i'll be updating from time to time (if there's interest), which shows the weekly spx with my indicators on it... i think it's worthy to note that major CITs have typically been made, at least over the past six years, when the dark blue line breaks its TL at or near the zero line. therefore, if this pattern repeats itself, there could be a major CIT due in the first quarter of '05... twt.
--tsharp
SPX Weekly Sharp Momentum:
spx & sharp momentum...
Started by
tsharp
, Dec 04 2004 12:01 PM
2 replies to this topic