Market Direction INDU SPX OEX NDX RUT

[gg12]

DIA, SPY, Qs, IWM and SMH compared over the last 10 days.

The long term trend is up. The tactics is then to buy dips in the most clever way...

... which is?

 

[gg12]

... but not to buy too early.

 

[gg12]

Market direction for the INDU is clearly UP.

See attached the chart over 4 years.

 

[gg12]

SPX trend direction is UP
on a 4y timeframe

 

[gg12]

NDX is trending UP
on a 4y time base

 

[gg12]

Same picture for the RUT on a 4 years window.

 

[gg12]

DJIA and some of it's components compared on a 4 years timeframe

 

[gg12]

First stocks with slope up.

 

[gg12]

Signals for the INDU

Enter at +75 with trailing stop 50 (trailing on grid)

Current trend is up (10 days timeframe)

 

[gg12]

Avoid fading big waves
(100+)