Rich Trend Trader's Blog

April 25, 2017

Trend Model BUY Signal Issued EOD 04/24/2017 (SELL Signal Failure)

Filed under: Trend Timing Model — Rich Trend Trader @ 4:18 am

The market rallied such that the Trend Model indices closed above their previous 5-Day high and above the Sell Signal day high, with at least one index closing above its 10-day high.  Therefore, a Trend Model BUY signal has been issued.  I am actually looking at the possibility, based upon several EW analysis sites, for the market to move back down SPX 2330 range before going higher for another market top indicator.

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