Market Direction INDU SPX OEX NDX RUT

Movements following a 25 point wave can be used to enter

- exit with trailing stop
- or when at 25 point loss

 

Market Direction is UP

INDU Signals

Enter at +15
Exit with TS 15 at grid

Result 14*15 points = 210 points

 

INDU, SPX, NDX and RUT compared -> Trend is UP on a 10 day timeframe

 

1 year trend is UP

Please add your comments!

 

Current signal is long from 12375 with stop at 12425, trailing up on 25 point grid. As it's an uptrend on a 5 day basis you might skip reversing short.

 

Dow Trend is UP in a 1 year timeframe

 

SPX trend is up (12 month view)

 

NDX one year trend is Sideways/UP

not as clear as INDU and SPX.

 

RUT is in an up-move.

 

Market direction is UP.

But...

Current signal for SPX is DOWN from 1438 with Trailing Stop at 1440. 1140 is also reverse point (TS 1438).