Sep 21, 2009
Trend Index
Trend Index ranges from -500 to +500
The numbers correspond to specific trend conditions.
250 to 500: uptrend / potential for a top increases the closer the index is to 500 (high readings during trends)
125 to 250: in a range / bullish potential
-125 to 125: price has reversed to the mean
-250 to -125: in a range / bearish potential
-500 to -250: downtrend / potential for a bottom increases the closer the index is to -500 (high readings during trends)
I post a signal when trend index goes over or under 0.
The numbers correspond to specific trend conditions.
250 to 500: uptrend / potential for a top increases the closer the index is to 500 (high readings during trends)
125 to 250: in a range / bullish potential
-125 to 125: price has reversed to the mean
-250 to -125: in a range / bearish potential
-500 to -250: downtrend / potential for a bottom increases the closer the index is to -500 (high readings during trends)
I post a signal when trend index goes over or under 0.
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