Wednesday, 24 June 2015

Stock Maret Trends Online

where we are at .....the big picture

we're back!

$INDU
250 point box


Analysis L1 Grid = Frenzy (overbought)
Conclusion: stretched and overdue for a pullback
Action: place trailing stop


500 point box

Analysis: L1 grid = Frenzy (overbought) also completion of 3rd wave Elliot count
Conclusion: the trend is your friend till its not
Action: trailing stop out

Bullish Percent
 the percentage of companies giving a buy signal well into the :Bear" range




Analysis: sell zone end of cycle
Conclusion: still time to prepare a campaign to the bear side
Action: Sell  trailing stop in
















































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