Direction Of The Stock Market
In our methodology, we incorporate 4 signals:
Dn – We anticipate the market direction to be lower
Up – We anticipate the market direction to be higher
Bf - We anticipate the market will be changing direction as it is currently oversold
Tf - We anticipate the market will be changing direction as it is currently overbought
Its possible that these signals may only last a few days but may stretch into weeks or even months. These signals simply tell us what the stock market direction currently is.
As of June 23, 2009, the markets direction has been Up, however, we expect to see a change shortly.