Courtesy of Read the Ticker.
Time to show off one of this site premier services the RTT Market Timer. Yes you can believe there are unicorns! ha
Here are the last 2 years ‘Sign of Strength’ signal. The single loser is just before the Alibaba IPO where WallStreet did all it could for an up swing to rake in the cash. The signal is mechanical so it is what it is.
The colored triangles are the RTT Market Timer Signs of Strength. Different colors mean different degrees of the strength of the signal will volatility.
Nothing better out for the price of RTT Plus membership.
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote…
..”While I have made it a practice to limit my risk in most cases, I can trace most of my principal losses to my failure to place stop orders when the trades were made.”..
Richard D Wyckoff
..”It’s easier to fool people, than to convince them they have been fooled”..
Mark Twain