studying stock market trends
Daily signals are increasingly bullish
Weekly signals remain bearish, but daily signals are increasingly in the bullish column. This smoothed rate of change study turned bullish on 6 February, the day after shares turned up from a low. This study makes quick changes, but has done well lately.
Leave a Comment
Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.