A RELATIVELY SOUND INDICATOR WHEN TO BE IN AND OUT OF THE MARKETThe idea is very simple: majority stocks in a 100 basket should trade above their 200 day average price to carry a strong trend. As a conservative investor if 65% of them dips below their 200MA you should be sidelined, until the majority gains strength again. If you are looking to take moderate risk
WEEKLY UPDATE : 12/14/2014The sell off in oil continues to drag the market down . The S1TH is at 68 % , but 2/3 supportive indicators are negative. As per the rules of this system, long positions should be closed.
Chances are will see oil at or below $50 this week. I t will be very interesting how investors react to this
WEEKLY UPDATE : 11/24/2014...Good To Go! The S1TH seats at 80.19 % and 2 out of the three supportive indicators are positive. This means conservative investors may once again open new positions.
Cheers
Algo
WEEKLY UPDATE : 11/16/2014The S1TH increased to 77.22 % this week. However , only one out of three indicators is positive, so this system is still out of the market.
Cheers
Algo
WEEKLY UPDATE : 11/8/2014The S1TH is now at 74.25 % , however all three supportive indicators are still negative. As per the rules , at least 2 out 3 supportive indicators need to be positive before opening new positions, this system is still out of the market.
cheers
Algo
UPDATE : Stay out The S1TH shoot back above 65 % this week. However , all three supportive indicators are still negative. Despite the rally , no new position should be open , as per the rules for this system.
cheers
Algo
UPDATE : Bears Are Getting Louder.....SELLLast week the S1TH was still above 65 % line last week, however due to high volatility , and negative reading from two supportive indicators, i advised that this market wasn't "tradeable" ( not a word) or new position shouldn't be opened.
fast forward to yesterday, the S1TH is well below 65 % ( 51.
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Displays a symbol's price movements over previous years to identify recurring trends.