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Trend Analysis will be sent directly to your inbox. Chart is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops. Chart confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Chart confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. Chart confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Chart shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.