Regarding my 'Key Long Term/Intermediate Term indicators table
and section, I want to clear up a few points. It surprises me
but I have had so many questions and emails asking why I haven't
updated the table over the last few days etc?
This table contains long term indicators that only give signals
once every 6 months to a year. The Intermediate indicators
only change signals maybe once every 3 weeks to 1 - 2 months.
I list the buy/sell signals and date via red and green
arrows. The point is, these will not change every day, in
fact most of the time they will not change.
Most days when you look at the table, there will be no
change! All the Intermediate indicators went on sell signals
last week and many of them went on sell signals in April before the
big market fall, these have not changed. The M3 indicator
that I showed on the daily SPX chart in the last week's newsletter
is still red and has not changed, even on the bounce this week,
it's still red, when it changes back to green, I will update the
table.
Again just to clear this up, I look at all these indicators once
a day and if a change is needed, I update the table. Most of
the time no change will be made because of the nature of these
indicators. Therefore this table is always current each day,
I update it i the evening if it needs to be updated.
Regarding my 'Key Long Term/Intermediate
Useful Dynamic Stockcharts
Posted by matt on 11th of May 2010 at 11:28 pm
Regarding my 'Key Long Term/Intermediate Term indicators table and section, I want to clear up a few points. It surprises me but I have had so many questions and emails asking why I haven't updated the table over the last few days etc?
This table contains long term indicators that only give signals once every 6 months to a year. The Intermediate indicators only change signals maybe once every 3 weeks to 1 - 2 months. I list the buy/sell signals and date via red and green arrows. The point is, these will not change every day, in fact most of the time they will not change.
Most days when you look at the table, there will be no change! All the Intermediate indicators went on sell signals last week and many of them went on sell signals in April before the big market fall, these have not changed. The M3 indicator that I showed on the daily SPX chart in the last week's newsletter is still red and has not changed, even on the bounce this week, it's still red, when it changes back to green, I will update the table.
Again just to clear this up, I look at all these indicators once a day and if a change is needed, I update the table. Most of the time no change will be made because of the nature of these indicators. Therefore this table is always current each day, I update it i the evening if it needs to be updated.
Key Long Term/Intermediate Term Indicators/Systems Page