Tuesday, 21 June 2016

Early warning on trend change

A change in long term momentum can forecast that the trend is near the end!
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Energy is required to move a stock, and YES it does run out! Energy (demand or supply) can be measured by standard momentum tools (Detrending Price Osc), and keeping an eye on the longer term momentum trend is vital to keeping your profits.

Wyckoff traders must monitor long term momentum to check accumulation and distribution patterns on there charts. Major price weakness will be forecast by major momentum weakness.

Below are two major trend changes.

Apple Inc


AAPL


Metal stocks

XAU




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