NOTE: These analysis can change due to market or individual conditions. It is used to tell us whether the particular index or equity has entered a bull or bear phase. As you can see below, It is not the "TOP" or "BOTTOM" but it is close to it. This allows us to be in the same trend of any gaps that could be devastating to those who have invested heavily. The more volatile it is the closer these changing signals are. We want to catch the "LONG TRENDING" price moves that occur at least once or twice a year.
These charts are of the daily time-frame, and although some trends have lasted a year or so, most common trends based on these time lines will last days to weeks. So I have made the indicator to look at the longer term which you can see last for a few months...
Hopefully this will make it easier for some to understand how I view my indicators and what I consider important (Not a top or bottom but getting the right trend).
Enjoy!!!
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