Trade Signals Explained

Since TRADE SIGNALS were made publicly available I have received number of email asking me to explain "what is that and how it works".  My schedule was quite hectic lately and I plan to provide some level of clarity on usefulness (if any) of these signals.

Abbreviated answer would be (for now)

• "Sell"    - possible momentum change OR sideways consolidation
• "Buy"    - same as above
• "Buy C" - potential trend phase end (Might produce trend change right away or might be followed by "Momentum Phase"
• "Sell C"  - same as above

As of today, most major ETFs are/were on track to confirm daily Sell signals (see corresponding dates on the right), but /ES (S&P500 index futures) after hours is attempting to recycle daily Sell - that tells me that instead of partial retrace of latest uptrend market might attempt to hold current level - we might see sideways consolidation for the next few days.

DavidDT

P.S. Thank you to everybody who appreciate my hard work (or hardly working?) on this website and Real Time Day Trading Chat and contributed to the cause by ringing PayPal Donate button.

I plan on "locking" Chat in few weeks - test drive it while it is not password protected.