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Trending Stock As of January 6, 2012. Speed Retirement System. Strong Uptrend Defined. 50 ema > 200 ema today and 12 Weeks ago Rising ema’s Greater CMF this week than last week +D1 > Minus D1 (ADX trend indicator) 9 week RSI > 45 week RSI. Strong Uptrends. NLST EXAS FULT CVBF
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Trending StockAs of January 6, 2012 Speed Retirement System
Strong Uptrend Defined • 50 ema > 200 ema today and 12 Weeks ago • Rising ema’s • Greater CMF this week than last week • +D1 > Minus D1 (ADX trend indicator) • 9 week RSI > 45 week RSI
Strong Uptrends NLST EXAS FULT CVBF CPWM FNB SHFL SAPE SBGI CVG PFS CIG ITT BECN CLMT ABG LHO UTEK GBX JBL CAG VHC USB MSFT ZUMZ ASNA RJF EEP
Strong Uptrends-Page 2 MW PRX M TWX CBSH MMS JAZZ MHP ETP SLXP GPI ROST CBRL NOC DGX PNC MHS SBNY AMGN REGN WTW PAA
Strong Downtrends Defined • 50 ema < 200 ema this week & 12 weeks ago • Down sloping ema’s • Less CMF this week than last week • This week’s +D1 < this week’s –D1 (ADX ) • This week’s 9 rsi < this week’s 45 rsi
Strong Downtrends CME FXE BG HES DO SCHN RIG SHLD CNX HBC LFC FSLR DB NE TXI CRL FLIR LM CSC
Basically, the approach I take is this … Determine where the overall market is. Is it heading up? Is it heading down? Is it consolidating? This can be either at a top or a bottom How do we determine market strength? 1) Use of moving averages 2) How do we determine if the market is topping? A. Use of sentiment reading B. % of stocks above their 200 day MA How do we determine if the market has bottom? Same readings(sentiment & & above 200) and panic selling VIX & SPX and major support & resistance lines Once we have an idea of where we are in the terms of the market, then we can trade accordingly.
Thanks for Watching! Speed Retirement System January 11, 2012