Finally, the cyclical energy has worked itself out of the market and we’re getting trend breaks – to the downside. So I’m expecting Emini weakness over the next couple of days.
Better X-Trend (which is a free indicator) has flipped over on the Nasdaq and should signal on the other indices over the next couple of days. I don’t think Better X-Trend is greatly superior to other trailing stop type approaches.
But for me it’s more principle-based, in that trend changes happen after Exhaustion volume and get going with Explosive volume. If you swing trade stocks you might try it on weekly charts, say of TSLA or AAPL. Pretty handy.
Good luck with your Emini trading.