Do You Want To Go Short? Not A Good Idea As Long This Indicator Is Bullish!
The Ultimative Trend Indicator For Short- And Mid-Term Oriented Market Timers!
The Global Futures Trend Index calculates the amount of stocks listed on NYSE which are reaching weekly new highs or weekly new lows. As long as the gauge of this index stays above the 60% level there is a solid bullish trend in progress. If other proven trend and breadth indicators from WallStreetCourier are bullish, traders should average down their portfolio if this indicator flashes a consolidation period, since the uptrend could be expected to continue!
Are You A Short-Seller? Why This Indicator Will Change Your Trading Life!
As long as the gauge of the Global Futures Trend Index stays strongly above the 90 percent threshold, a strong uptrend is in force and short sellers should not enter a trade since the uptrend is too strong! Short sellers should start shorting the market if the gauge of this indicator drops below 60 percent and they should cover their positions, if this indicators is crossing the 20 percent threshold from below!
Bullish: Global Futures Trend Index above 0.6/0.9
Bearish: Global Futures Trend Index below 0.2
Why The Crowd Has To Lose All The Time!
The markets are an ever and everything discounting mechanism and the product of the behavior of all their participants and, of course, not everybody can win. In order for every market to function, the majority of the participants have to lose. This majority is usually the uninformed and ignorant crowd, who rather relies on hot tips or even sheer luck like a gambler, instead of doing some homework and spending an extra buck for valuable and useful information.
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