Accountability ... Gold and Stocks ... New York and Holland ... New Software ... Specials
The New High - New Low Index (updated here through Sunday, Feb 9) is my favorite leading stock market indicator. Here it flashes several important messages.
Back on 12/27/2013 the weekly NHNL rallied above +2,500 (marked with a circle and short green arrow on the left). Its strength suggested that the bull had at least three more months of life, even if interrupted by a correction. Notice a clear uptrend of the slow 26-week EMA - bullish. Prices dipped briefly below that line, but rejected the lows and closed above their EMA.
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Elder-disk for Think or Swim
Our latest and newest Elder-disk - limited time low intro price, $189
This software requires TD Ameritrade Think or Swim. Developed by Dr. Alexander Elder and Nadia Shkolnikov, a trader and programmer. Provides the complete set of indicators described in Come into My Trading Room, as well as Trading for a Living. Click here for details. Read the newsletter to see the time-limited discount coupon for any software package.