• 658 days Will The ECB Continue To Hike Rates?
  • 659 days Forbes: Aramco Remains Largest Company In The Middle East
  • 660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,060 days Could Crypto Overtake Traditional Investment?
  • 1,065 days Americans Still Quitting Jobs At Record Pace
  • 1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,070 days Is The Dollar Too Strong?
  • 1,070 days Big Tech Disappoints Investors on Earnings Calls
  • 1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,073 days China Is Quietly Trying To Distance Itself From Russia
  • 1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,077 days Crypto Investors Won Big In 2021
  • 1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,087 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

The State of the Trend

Keeping track of the main trend is important for many obvious reasons, one of them being that bull and bear markets have different characteristics and often require the use of a different set of technical analysis tools.

The "trend is your friend" maxim sounds simple enough and appealing, but when it comes to its practical implementation, can cause a lot of frustration and headache. That's why in our newly developed and just released OT Signals web app, we've included a Bull and a Bear Trend Indicator, which allow you to adjust their sensitivity to counter trend rallies and stay longer with the main trend.

For example, the use of the Bull Trend indicator with weekly SPY would have kept you out of all but four of the corrections since 2010:

SPY Weekly Chart
Larger Image

While the use of the Bear Trend indicator with GLD would have allowed you to avoid multiple whipsaws during the 2010 bear market:

GLD Weekly Chart
Larger Image

You can also compare the performance of these trend specific indicators with the trend neutral, generic swing indicator, or the BuySellHold indicator included in the package. This side-by-side comparison should help you gain a better appreciation of these new and exclusive tools.

Liquidity and sentiment are some of the indicators not influenced by price and volume action, which help us in deciding whether to adopt a defensive or offensive attitude towards the market. At the end of last week, bulls retained the upper hand in both of them. You can follow these indicators daily on OT Signals as well.

 

Back to homepage

Leave a comment

Leave a comment