24 Sep '11, 6am

Long Term Market Analysis: PMO turns negative

Long Term Market Analysis: PMO turns negative

Long Term Market Analysis: PMO turns negative by Drizzt on September 24, 2011 Drizzt: long term market analysis is a series once or twice a month where we take a look at longer term trends in the market to get our bearings right on the general direction of where market prices is going. S&P 500 [ Weekly 1997-2011 ] In our last analysis , we talked about the 43/17 Weekly EMA likely indicating an impending prolong draw down. Some readers have asked where did I get my charts from. I subscribed to a USD 19.90 monthly service over at www.decisionpoint.com . It primarily provides buy signals and sell signals based on their proprietary PMO indicators. I don’t use it that much but it does provide me with data dating back quite far back for me to risk manage through longer term. You guys do not need to do that. I discovered www.TradingView.com which provides us with a similar long …...

Full article: http://thefinance.sg/2011/09/24/long-term-market-analysis...

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