When the market is rallying in full swing, it can sometimes be difficult to select which stocks, among the hundreds, might present the best case to buy. For spotting the strongest stocks on a technical basis, the StockCharts Technical Rank (SCTR) can be an essential tool.

There are many ways to use the SCTR Report. One would be to pull the top-performing stocks. Another strategy is to view the Top Up tab in the SCTR Reports panel on Your Dashboard to find the stocks with the biggest SCTR moves. 

Dell Technologies (DELL) may not be leading the top 10 pack, but it’s beating hundreds of stocks that happen to be rallying as of this writing. Note: this can change during the trading day.

FIGURE 1. SCTR TOP UP REPORT. Despite DELL occupying 7th place at the moment of writing, it’s still among the top stocks gaining more technical strength in the US stock market.Image source: StockCharts.com. For educational purposes.

Dell Stock’s Price Action

Dell’s upward run is a continuation of the bullish reversal that started in August, as you can see in this weekly chart.

FIGURE 2. WEEKLY CHART OF DELL. Besides the dip in August, DELL’s uptrend, however volatile, remains unbroken.Chart source: StockCharts.com. For educational purposes.

Dell’s stock price uptrend remains intact despite the volatility and dip from February through August. The stock bounced back at the 61.8% Fibonacci retracement line, which, for many investors, served as a favorably low entry point.

Note the SCTR line above the chart. You should keep an eye on a crossover above the 70 line, which marks a bullish threshold for me (more on this later).

What  Conditions Might Trigger a Buy?

Let’s switch to a daily chart.

FIGURE 3. DAILY CHART OF DELL STOCK. Watch those swing points for potential entry points.

The following are important points to note on the chart:

The swing points illustrate an almost textbook uptrend (blue trendline) of higher highs (HH) and higher lows (HL).The green arrows mark areas of support. If an uptrend consists of consecutive HHs and HLs, then support, and potential stop loss levels, would be right below each swing low.The horizontal dotted blue lines mark potential resistance levels (and, for swing traders, multiple opportunities to close out with a profit). Dell’s stock price is currently breaking above the first resistance level marked on the chart.

The Chaikin Money Flow (CMF) below the chart is above the zero line (magenta rectangle), meaning buying pressure is a dominant factor in DELL’s momentum. You would want it to remain there if you were to go long.

So, when might you consider going long?

If you’re not already in the position, look at the SCTR line above the chart. Wait for the SCTR line to break above 70—that’s your first signal.Ensure its CMF reading remains strong and does not show signs of weakening.If DELL breaks the HH>HL pattern, then the short-term uptrend is in question and may trigger a stop loss below the swing point you’ve chosen as an ideal exit (where you place your stop loss will vary according to your risk tolerance).

How To Set a SCTR Alert

On Your Dashboard, click the Charts & Tools dropdown menu.

Select Advanced Alerts.From Alert Components, select symbol from the TICKER PROPERTIES dropdown menu.Select SCTR in the PRICE, VOLUME, & SCTRS dropdown menu.

The screenshot below displays the alert.

Save your alert and choose how you you’d like to be notified.

To learn more about setting alerts, visit the Technical Alert Workbench support page.

At the Close

When picking stocks in a rally, tools like the SCTR report make life easier. Dell (DELL) might not be sitting at the top spot right now, but it’s climbing fast, showing some serious technical strength. Keep an eye on that SCTR line—once it crosses 70, paired with a strong CMF reading, it could be your signal to go long. Set a SCTR alert on your dashboard to catch this market opportunity.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation or without consulting a financial professional.

At DecisionPoint we track intermediate-term and long-term BUY/SELL signals on twenty-six market, sector, and industry group indexes. The long-term BUY signals are based upon the famous Golden Cross, which is when the 50-day moving average crosses up through the 200-day moving average. (We use exponential moving averages — EMAs.) Intermediate-term BUY signals are based upon the 20-day moving average crossing up through the 50-day moving average, which we call a Silver Cross. On the McDonalds chart are examples of each. A caveat that comes with the signals is that they are information flags, not action commands. A new signal tells us to look at the chart and decide if any action is appropriate. In the case of these two crossovers, they were healthy looking signals with price showing clear changes of direction within each time frame.

Next we have the DecisionPoint Market Scoreboard, which we publish daily in the DecisionPoint ALERT. It is current as of the close October 17, 2024, and it is as good as it can get. This is good news and bad news. The good news is that the stock market is looking very healthy in terms of raw price action. The bad news is that the signal status is as good as it gets, and the pendulum will be swinging the other way, probably sooner than later.

Along with the signal tracking, we have created the Silver Cross Index (SCI) and Golden Cross Index (GCI) for each of the market/sector indexes above. The Silver Cross Index shows the percentage of index components that are on a Silver Cross BUY signal. The Golden Cross Index shows the percentage of index components that are on a Golden Cross BUY signal.

The chart below is for the S&P 500 Index. Note that both the GCI and SCI show 80 percent of S&P 500 component stocks are on BUY Signals in both time frames. This is not as strong as in 2021, but it is very solid and partially backs up what we see on the DecisionPoint Market Scoreboard.

Conclusion: We check these charts every day, and are always aware of developing weakness and potential for signals to change. In the last few weeks I found the picture to be unusually stable, and currently with no immediately impending signal changes. This, of course, could change in a heartbeat, but at the moment calm prevails. As I said, when things are as good as they can get, we should be alert for conditions to start deteriorating, but so far, so good.

Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!

Learn more about DecisionPoint.com:

Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!

Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!

Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2024 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules

In this video from StockCharts TV, Julius dives in to the sector rotation model, trying to find any alignment between theoretical and real-life rotations of sectors in combination with the economic cycle. The positions of the various sectors and the economic indicators that are part of this model are not giving a very clear answer at the moment. Combine that with a lack of trading volume on the upside and you have enough conflicting pieces of the puzzle for Julius to avoid being all-out bullish on the general market.

This video was originally published on October 15, 2024. Click anywhere on the icon above to view on our dedicated page for Julius.

Past episodes of Julius’ shows can be found here.

#StayAlert, -Julius

Airline stocks had a strong day, with United Airlines (UAL), American Airlines (AAL), and Delta Airlines (DAL) posting strong gains. The main reason for the rise in airline stocks was UAL’s better-than-expected earnings report and strong guidance, which comes just days after Delta missed its earnings. Having struggled for years, UAL seems to have overcome some of its headwinds, which is an encouraging sign; after reducing routes and increasing prices, UAL is seeing its efforts pay off.

If you look closely at the Industrial sector in the StockCharts MarketCarpets, you’ll find these three companies represented as dark green squares.

FIGURE 1. MARKET CARPET FOR OCTOBER 16, 2024. It was a big day for airline stocks with United Airlines, American Airlines, and Delta Airlines as the top three performers.Image source: StockCharts.com. For educational purposes.

The monthly chart of UAL below shows the stock price has broken out of a triangle pattern, clearing the runway for the stock to ascend toward its pre-pandemic high.

FIGURE 2. UNITED AIRLINES STOCK CLEARED FOR TAKEOFF. The stock price has broken out of a triangle pattern and could cruise toward its pre-pandemic high.Chart source: StockChartsACP. For educational purposes.

The relative strength index (RSI) is approaching its 70 level, another encouraging sign. Let’s move to a daily chart and see if there’s a trading opportunity in UAL.

FIGURE 3. IT’S CLEAR SKIES FOR UNITED AIRLINES STOCK. With a high SCTR score, strong relative performance against the airline industry, and a move above the 10-day exponential moving average, UAL can see more upside.Chart source: StockChartsACP. For educational purposes.

UAL is outperforming the Dow Jones US Airlines Index ($DJUSAR) by 24.06% ,and its StockCharts Technical Rank (SCTR) is at an impressive 98. Looking at the chart, the path is clear for UAL to hit its pre-pandemic highs of between $92 and $97. A pullback would be healthy and, if it happens, a reversal on strong momentum would present a buying opportunity.

I’ve added a 10-period exponential moving average (EMA) for a support level to use as a stop loss. If price hits that level, accompanied by a drop in the SCTR score, I would exit the position.

United vs. American vs. Delta

Let’s look at how the three top airline stocks performed.

FIGURE 4. COMPARING THE THREE TOP AIRLINE PERFORMERS. United Airlines and Delta Airlines are close to their pre-pandemic highs. American Airlines has a long way to go.Chart source: StockChartsACP. For educational purposes.

United and Delta are trading close to their pre-pandemic highs with similar chart patterns. You could do an analysis of Delta’s stock to determine if it’s worth adding it to your portfolio. A plus point for Delta—it pays out a small dividend. American Airlines is still struggling and probably wouldn’t be a portfolio candidate unless bottom fishing is your trading style.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

In this exclusive StockCharts TV video, Joe shares the MACD downside crossover signal and explains the different ways it can play out when it takes place above the MACD zero line. These downside crossovers can lead to opportunities depending on other criteria, including the ADX action. He then shows how this pattern is playing out in big name stocks like NVDA and LLY, as well as Bitcoin right now. Finally, he goes through the symbol requests that came through this week.

This video was originally published on October 16, 2024. Click this link to watch on StockCharts TV.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

At some point, this raging and relentless bull market has to slow down.  Right?!?  But as you’ll see from a quick review of three key market sentiment indicators, there could still be plenty of room for further upside in risk assets.

Today we’ll break down three of the market sentiment indicators I’m following to track a potential market top, and along the way I’ll share how a contrarian mindset could help investors navigate a volatile Q4!

Put/Call Ratio Hits an Extreme Low Reading

Let’s start with a measure of positioning in the options market, looking at the volume of put options (implying a bearish bet) vs. call options (indicating a bullish bet).  I’m using the equity put/call ratio here, which ignores the volume in index options and focuses instead on individual stocks.

Since this is a fairly noisy data series, I’m showing the raw data in gray and smoothing out the day using a 5-day simple moving average in pink.  You may notice that last week the raw data reached its lowest level since July 2023, indicating heavy bullish positioning.  As a contrarian measure, this suggests to me that perhaps the options market is way too bullish as the S&P 500 pounds to new all-time highs.

AAII Survey Has Not Reached Euphoric Levels

While the put/call ratio has reached an extreme reading, I would not say the same for the AAII survey.  This weekly survey of the members of the American Association of Individual Investors often becomes overheated toward the end of a bullish market phase, with the percent of bulls pushing above 50% of respondents.

Last Thursday’s reading came in just below that, registering a 49% bullish reading, with bears representing around 21% of the survey participants.  So while there are way more bulls than bears, until the bullish reading pushes above 50%, I’m inclined to assume there could be more upside before I would label this as a “euphoric” reading.  Note how most of the swing highs over the last 18 months have seen a bullish reading above 50!

NAAIM Exposure Index Implies More Upside Potential

While the AAII survey involves a group of individual investors, the NAAIM Exposure Index features responses from active money managers who are members of the National Association of Active Investment Managers.  This survey asks for participants to share their current allocation to equities, and responses can range from -200% to +200%.  

The latest reading here was around 90%, similar to the levels we’ve seen over the previous four weeks.  If and when this indicator gets above 100%, implying respondents are leveraged long equities, I would consider the indicator to be in the euphoric range.  And when indicators like this get to a level implying pretty much everyone is long equities, I begin to wonder whether a contrarian sell signal is right around the corner.

I love being able to combine different sentiment indicators into one “master” chart, so I can easily track their signals and look for confirmation across different technical approaches.  With that in mind, I’ve created a Master Sentiment Chart to help identify if and when these indicators confirm a euphoric level as investors get a little too bullish.

Note that this is a weekly chart and provides a good overview of sentiment indicators.  Be sure to review the daily charts for further detail, and remember that mindful investors recognize the price, breadth, and sentiment can and should be used together!

For more on these sentiment indicators and how I’m tracking their signals in October 2024, check out my latest video on StockCharts TV.

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

Semiconductors sold off on Tuesday, crushing the Technology sector. But the Real Estate sector didn’t suffer a similar fate; in fact, it was the top sector performer for the day. 

The Real Estate Select Sector SPDR Fund (XLRE) reached a 52-week high in mid-September, but has pulled back since then. However, Tuesday’s price action suggests that XLRE may be on the verge of recovering from correction territory. One of XLRE’s top holdings is American Tower Corp (AMT), which happens to be in the top 5 in the Large Cap Top Up StockCharts Technical Rank (SCTR) category.

FIGURE 1. SCTR REPORT FOR OCTOBER 15, 2024. American Tower (AMT) was in the top 5 in the Large Cap Top Up category.Image source: StockCharts.com. For educational purposes.

AMT operates and leases cellular towers to multiple carriers. As bond yields fall, cell tower Real Estate Investment Trusts (REITs) benefit from lower borrowing costs. And when interest rates decline, AMT’s 2.8% dividend yield may be another reason to own the stock.

Technically Speaking

Looking at the weekly chart of AMT (see below), the stock price is trading above its 26-week simple moving average (SMA) and is trying to stay above its 61.8% Fibonacci retracement level. Its SCTR score is just above 70, and the relative strength index (RSI) is trending higher toward 70.

FIGURE 2. WEEKLY CHART OF AMERICAN TOWER STOCK. The stock price is gaining momentum, so keep an eye on the indicators to ensure momentum is still strong enough to take the stock price higher.Chart source: StockCharts.com. For educational purposes.

The more recent series of higher highs and higher lows is an indication that the trend could continue to go higher. Let’s see what story the daily chart of AMT tells.

FIGURE 3: DAILY CHART OF AMERICAN TOWER STOCK PRICE. The breakout above the 50-day SMA, a potential MACD crossover, and rising OBV all support an upward move in AMT.Chart source: StockCharts.com. For educational purposes.

After bouncing above a support level (blue dashed line), the stock price crossed above its 50-day SMA. It’ll have to show a series of higher highs and higher lows to support the upward trend in price. There needs to be momentum for that to occur, and two good indicators to gauge the momentum are the moving average convergence/divergence (MACD) and On Balance Volume (OBV).

The MACD line could soon cross over the signal line just below the zero line. The closer the crossover is to the zero line, the more confident I feel about the sustainability of the uptrend.

Meanwhile, an OBV crossover above its 50-day SMA would further confirm the uptrend in AMT. 

If the price action follows through on the upside, AMT could reach its September 10 high, after which its all-time high would be the next destination. The weekly chart shows a few clear resistance levels along the way.

The one concern is that a head-and-shoulders top could form on the weekly chart. If that were the case, price could fall below the 50% retracement level and 26-week SMA.

Trading AMT

I wouldn’t enter the trade until the price exceeds $234.50 (left shoulder). That gives it time to display a series of higher highs and higher lows on the daily chart. I would place a tight stop below my entry point and stay in the trade if the momentum remains strong. The first target would be the 52-week high. If it exceeds that, I will ride the trend for as long as possible. Once the momentum starts waning, I’d exit my position.

If price moves in the opposite direction, i.e. if a head and shoulders top is formed on the weekly chart, all bets are off. I’d delete this chart from my ChartList. There are plenty of other opportunities.

The bottom line: Set an alert for when AMT crosses above $234.50. When you get the notification, head over to the weekly and daily charts of AMT, which should be saved in one of your ChartLists, and revisit the indicators. Are they still showing bullish momentum? If so, enter a long position, but know where your stops are before you place the trade.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

When Wall Street rings its opening bell, there are two things you need to do to start your day:

Get the big picture on what’s happening in the markets. Spot the market opportunities, especially the ones that aren’t apparent.

There are plenty of ways to get your market updates. The slowest way would be to tune into financial news, scroll through headlines, and read all the articles. Now, you may end up doing that anyway; it’s always a temptation. But why not start your day with a fast scan? This is what StockCharts’ MarketCarpets was designed to do.

Get the Big Story

It’s Monday morning, and the S&P 500 ($SPX) continues to drive into record-high territory.

Log onto your StockCharts account and, from Your Dashboard:

Click Charts & Tools > MarketCarpetsSelect S&P 500 from the Select Group dropdown, Performance from the Measurement dropdown, and 1D Change from the Color By dropdown.

Below is a more comprehensive snapshot of what’s happening from a price-performance viewpoint.

FIGURE 1. MARKETCARPETS SNAPSHOT OF THE S&P 500. This view is measured by market performance.Image source: StockCharts.com. For educational purposes.

What’s this telling you? Technology stocks are driving up the S&P 500, with Nvidia (NVDA), Qualcomm (QCOM), Applied Materials (AMAT), and Adobe (ADBE) among the bigger players leading the way. You can also view this on the summary on the right side of the carpet view.

The sectors from the middle to the right also show a lot of red, with stocks declining. Health Care, Consumer Discretionary, Industrials, Consumer Staples, Materials, and especially Energy are having a rough start early in the day. This gives you the real-time performance of the stocks in the index.

But which stocks might be strengthening or weakening from a technical perspective? This is something that a snapshot of price will not immediately tell you. So, let’s switch over to the StockChartsTechnicalRank (SCTR) measurement to find out. 

Select SCTR from the Measurements dropdown. Below is a snapshot of the MarketCarpet measured by SCTR colored by 1D change.

FIGURE 2. SNAPSHOT OF THE S&P 500 MEASURED BY SCTR. This view shows a different performance perspective of stocks in the S&P 500.Image source: StockCharts.com. For educational purposes.

StockCharts Tip: To see which stocks have high and low SCTR values at a specific time, select Latest Value from the Color By dropdown menu.

 So, what is this telling you, in contrast to the previous view? First, it tells you that many stocks within each S&P sector are technically weakening. Second, it calls your attention to certain stocks that might be technically strengthening or weakening regardless of their intraday performance.

QCOM showed dark green on both carpets, indicating strong performance and increasing SCTR score. Let’s zoom in on a daily chart of QCOM.

FIGURE 3. DAILY CHART OF QCOM. Is the stock on the verge of a breakout?Chart source: StockCharts.com. For educational purposes.

QCOM looks like it’s on the verge of breaking out from an ascending triangle pattern, which, as you know, is bullish.But it also shows a slight bearish divergence in momentum as buying pressure, according to the Chaikin Money Flow, is dwindling.While the SCTR line (above the chart) is improving, it’s also fluctuated within a range over the last two months.Overall, you’ll want to see what happens after the breakout if or when it comes.

Now, let’s look at a daily chart of AMAT, which also showed a positive intraday performance on MarketCarpets, but a more lukewarm performance on the SCTR view.

FIGURE 4. DAILY CHART OF AMAT. Note the difference between AMAT’s and QCOM’s charts despite similar performances and SCTR readings.Chart source: StockCharts.com. For educational purposes.

AMAT’s SCTR score on MarketCarpets may not be anywhere near its one-day performance by price, but it may be enough to call your attention to do a deeper dive. In contrast to QCOM, AMAT’s SCTR line is rising (as shown in the panel above the chart). AMAT is also on the verge of a breakout. 

Unlike the QCOM example, however, AMAT double-bottomed (see blue circles). At the same time, its momentum on the CMF shows an overwhelming bullish divergence (see black arrows) while buying pressure (see blue rectangle) is in the green.

What You Can Do Now (Action Points)

What you saw was just a quick and dirty overview of what you can do as part of your morning scanning routine using MarketCarpets. Try these:

Add stocks that pique your interest to a ChartList using this method.Scan other indexes, such as the Dow Industrials and Nasdaq 100, for a broader market overview; other opportunities might be hidden in other market areas.Scan sectors and look at their seasonality profiles to understand which stocks may be ramping up this time of year.Toggle between lookback periods to distinguish sudden changes from those that are slowly developing.Change measurements to the various available indicators, such as the Relative Strength Index (RSI), Bollinger Bands, Full Stochastics, and more, especially if you use any of these indicators for your charting.

Here’s the main point: It’s about getting a fast, comprehensive. and multi-angled overview. The more you can see—quickly and efficiently—the more opportunities you can find with greater ease and without wasting time.

At the Close

MarketCarpets is your go-to for a fast, no-nonsense market scan. It helps you quickly analyze market trends and spot hidden opportunities by toggling between performance and other technical indicators like SCTR. This allows you to identify which stocks are heating up (or cooling down) without wasting time on endless headlines. Add this to your morning routine and seize opportunities quicker than ever.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation or without consulting a financial professional.

Which market sentiment indicators should we follow to validate the current bull market phase and anticipate a potential market top? David Keller, CMT breaks down three sentiment indicators he’s watching in October 2024, explains their calculations and methodology, reviews their signals during previous bull market cycles, and describes a “market top playbook” for market sentiment.

This video originally premiered on October 14, 2024. Watch on our dedicated David Keller page on StockCharts TV!

Previously recorded videos from Dave are available at this link.

It’s time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors “under the hood” and highlights the NVDA chart.

Carl brings his unique analysis of the market and key areas of the market like Bitcoin and Gold. The Dollar is also in the spotlight with its move ever higher.

A look at the Magnificent Seven rounds out Carl’s presentation.

Erin covers Sector Rotation in detail. Which sectors are poised to go higher and which sectors are already cooking. She highlights one sector that you shouldn’t count out right now.

The pair finish with a look at viewer symbol requests and answer questions on yields.

01:01 DP Signal Tables

04:25 Market Analysis and Overview

14:32 Magnificent Seven

20:00 Sector Rotation

26:48 Semiconductors & NVIDIA (NVDA)

31:20 Questions

36:23 Symbol Requests

Always find the latest DecisionPoint videos on our playlist HERE. Bookmark it!

Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!

Learn more about DecisionPoint.com:

Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!

Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!

Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2024 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules