Monday, February 22, 2010

Update

Good night,

Let me do some update here. This time I only intend to show some charts with my follower current state and save the words to other time. I also tell the medium (weekly) and short (daily) term look from my follower.


1. Silver (SLV) - Optimized trend following model

Today's close: red doji bar, showing some weakness
Short term: uptrending, but maybe topping
Medium term: downtrending (correcting?)



2. S&P500 - Default trend following model


Today's close: doji bar with huge volume! Must mean something...

Short term: uptrending, but maybe topping

Medium term: downtrending, but almost turning up



3. Russel 2000 (IWM ETF) - Default trend following model


Today's close: doji bar...indecision...

Short term: clear uptrend in the way

Medium term: almost turning up again



4. Portugal (PSI20) - Default trend following model


Today's close: doji bar in a resistance zone

Short term: follower is green, consolidating...

Medium term: downtrending



 





5. India (MSCI INR) - Default trend following model


Today's close: red bar

Short term: uptrending, but looks like a top

Medium term: follower is red, but not that far from turning green again




6. Brazil (EWZ ETF) - Default trend following model


Today's close: looks like a shy bearish engulfing ba
Short term: uptrending

Medium term: follower is still red, but not that far from turning green again

 


Never forget....to trade safely!
JAPO.

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