Chart Book & Dashboard (New)
Charts & Dashboard for the Weekend
As promised, I am sharing all 200+ updated charts below for subscribers. In addition, I have created a new dashboard that makes it easier for everyone to see the current output of my momentum and reversal model without having to study the charts. Hopefully, this will prove useful in these more volatile times.
The output looks as follows, showing the relevant market and price. This is followed by the indication of momentum, which, in the case of the tracked US equity indices, is bearish. I have then created an indicator, which tracks the current strength of momentum; the higher the number, the stronger the trend.
As for the reversal model, it shows whether a reversal is building. In the cases below, all indices are in the zone, meaning we are in oversold conditions and awaiting a signal that would create a buying condition. I have also included a TD count measure, which indicates how many bars have met a possible reversal condition. The Russell example below shows that we have completed 9 daily bars, setting us up (* indicates a complete structure) for a potential bounce.
Lastly, I have included the date of the first directional signal, which, in the cases below, is when momentum has turned bearish. For the S&P 500, for example, momentum turned bearish on February 13. The performance in the last column indicates the % distance that the price has moved from signal initiation to the latest close. 3% in the S&P 500’s case.
I have included nearly 200 securities in the output below the paywall. This includes ETFs, single-name equities, FX, Commodities, and Crypto. I am still working on getting rates & curves properly added. I am also working on other outputs to make it more intuitive and easier to follow. Good things are coming.
A reminder that you can use my trading models in TradingView scripts, which I made available for subscribers to use on their charts. This is not free and incurs an additional cost. These are the momentum, reversal, and intra-day models I often reference. If you are interested, ping me an email with your TV username. Note that only paying subscribers will be granted access. No exceptions.
I shall be back with my weekend thoughts and the usual ATW output tomorrow.
Stay nimble and, more importantly, enjoy your weekend.
