No. of Recommendations: 0
So I thought I'd pull out one of my simplest methods for determining bullish and bearish periods. It simply takes the new highs and new lows of the index and subtracts the one from the other and applies a weighted moving average to the result to remove excessive whipsaw. When it is above, say zero, you are bullish, and when below, you are bearish. I've used values I've tuned a bit, but anyone is welcome to get the data from Pinnacle and go through the same process

Are you using the NASDAQ count of new highs/lows for bullish/bearish? If so, how does it (your Blending Method) work using the S&P?

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.