my recent sector review, I institute that solely a mere handful of stocks inward the handbasket were either strongly uptrending or downtrending. Every other stock was either neutral or weakly up/down trending. When I cumulated the scores for the 5 stocks inward each sector, *no* sector was strongly trending upwardly or down. That was a swell enjoin that nosotros were non inward a trending market, which way that fading moves to arrive at extremes--not playing for breakouts--was the virtually successful short-term trading strategy. Fri was a swell example of that.
I've institute that the morn Twitter posts are an effective style of blasting indicator data to interested readers. The subscription is free, in addition to the "tweets" besides include links to articles in addition to spider web log posts that pertain to market-moving themes. I volition live adding regular Twitter updates regarding Technical Strength to the indicators I regularly follow earlier each trading day. That should assistance traders position trend/non-trend markets, only besides grab the shifts from i environs to the other.
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