Michael Covel talks about how to follow the trend and his experience with the turtle traders. We discuss the importance of trend over any other research as well as how to ensure that your emotions don’t get the best of you.
In this episode we also cover the potential for a...
While the actual indicator is not new, it is now available on the Bloomberg Professional platform. My friend Bill Sindel is a whiz at making these indicators come alive on Bloomberg charts. This one I like as it has some interesting applications for a longer time-frame as shown below for...
We often look to the Spearman Indicator as a reference point for the level of damage that is being inflicted on the markets in general and the potential for the trend to continue. If the indicator is under zero and heading lower, it is a sign that there is additional...
Back on March 26th, we wrote that the Spearman Indicator was showing signs that a change in trend was possible. At that time, there was a hint that markets were vulnerable, but there was no definitive confirmation.
Now that our Market Trend Indicator (MTI) is in a Strong Downtrend position, it...
If you have been reading our updates on the Spearman Indicator, you have probably concluded that it has been rather accurate in its timing.
The most probable reason is that this is not a trending market, but rather a choppy and quickly changing chop that has been moving in a range....
