The Emini closed down 11.00 points at 1,442.75 on Friday. This large range, high volume move now confirms the next down swing has begun. I’ve been waiting for this since the beginning of the month.
I thought it might be helpful to compare the timing of signals from my 4 trend indicators. So here are charts showing each of them with turning dates so you can judge for yourself how “leading” they are.
And apologies for so few posts over the last week – I’m snowboarding in Japan.
Trading Index (TRIN) Oscillator – Turned down Thursday 1 February
John Ehlers Hilbert Sine Wave – Turned down Monday 5 February
Open Close Indicator – Turned down Tuesday 6 February
Smart Money Indicator – Turned down Thursday 8 February
Good Emini trading.