2021年9月28日星期二

An Easy-To-Apply Trend Technique Points To Better Profits

It's called "Connect The Dots"
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September 28, 2021: An Easy-To-Apply Trend Technique Points To Better Profits

Getting the trend right is one of the most challenging aspects of trading.

Add to that the complex formulas many traders use to find it, and you get a doubly hard task.

That's why I like an easy-to-apply phenomenon called connect the dots. It repeatedly points to the trend in a market without requiring a lot of charts or lines.

What's simply amazing is what it points out about Mondays!

It works like this:

AXP, AZO, BA, and BAC are all above their Year, Month, 5-day, and Day Opens as shown below. They are strong -- 5 and 6 Green Star strong!

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Contrast their performance with the Dow (YM), NASDAQ (NQ), Gold (GC), even the bonds (US), and the S&P (ES). They are weak -- 3, 4 and 5 Red Star weak. Only Crude (CL) and the Russell (RTY) show strength with 4 Green Stars.


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Just look at this chart for proof: Would you rather be long AZO (AutoZone) in September or long the S&P (overlay in gray)? How many charts and trend techniques did you need to pull this data?


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Not a believer? Do some homework by taking a look at AXP, BAC, even BA on your own and compare them to the weaker broad markets above. It's pretty spectacular -- You might even find some good swing trade ideas while you're at it. I did!

Having this process at your fingertips helps us to pull profits like:

  • 23.4% on BX
  • 34.2% on CAR, even
  • 107% on GSHD

It's fantastic, because the odds of my trades being successful increase dramatically -- And it saves tons of time as you can see.

It doesn't matter if it's the S&P, Apple stock or Treasury Bond prices, connecting the prices in this manner works for all markets and all time frames.

I learned this technique from DTI's founder, Tom Busby, and he's sharing the simplicity of it right here.

Here's to longer weekends, less noise, more profits, and as always...

Sincerely,

Celeste Lindman
Ask The Pros

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