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
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.
