The Trendanomics blog helps readers stay informed about the trend trading status of the US stock market. The focus is on major market indexes, such as The S&P 500 Index (SPX), The Nasdaq 100 Index (NDX), Gold Miners Index (GDM), Precious Metals and Crude Oil. Index exchange traded funds, and individual stocks are monitored. All US Listed. No OTC penny stocks.
Trend trading is not predictive, it is reactive. Although Daily levels may be posted, this blog is not for day trading, or daily trading. And, this is not a daily “stock picks” service.
Markets are looked at in various time frames: Daily, Weekly, Monthly, Quarterly, Yearly.
Typically, Trendanomics uses three indicators:
1) Analyzing Price Reversals by using Support and Resistance Price Levels, over various lengths of time, daily, weekly, monthly, quarterly, yearly, ..and
2) A Trend filter, using annualized Rate of Growth. A typical post will use a 200 day moving average of an Annualized Rate of Growth of at least 20%. An average in excess of 20% is Long, or Bullish.
3) Relative Strength, typically using a 200 day moving average of relative strength. An example is the relative strength of the S&P 500 Index versus The Nasdaq 100 Index.