The State of the Trend

By: George Krum | Wed, Jun 1, 2011
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I mentioned on Saturday that complete monthly and trading day statistics for the whole year can be found in my book Trading the SP500.

To mark the end of last month, I'm enclosing the daily trend summary chart from p.23, overlaid with SPY:

Daily Trend May vs SPY

With the exception of a two day shift of the cycle at the beginning of the month, the market followed the script to a tee. I'll let somebody smarter than me figure out the odds of this being a random coincidence.

FYI, the summary for June can be found on p.46.

 


 

George Krum

Author: George Krum

George Krum
www.citdates.blogspot.com

George Krum is the author of the "CIT Dates" blog, and the following apps available from iTunes:

OddsTrader - uses the power of Hurst Channels to produce price and time targets, and combines them with proper risk and position size management.

OT Trend - helps you quantify and forecast the seemingly random ebb and flow of stock, index or mutual fund movement.

OT Fibonacci - automates the process of applying Fibonacci numbers, ratios and time series to any security.

OT Seasonal - allows you to perform seasonal analysis on practically any security from around the world and to build long-term forecasts and models.

OT Pairs - is the first mobile app that gives users access to one of the most profitable and time tested hedge fund trading strategies.

OT Pivots - combines the power of Pivot lines with cycles and automatic signal generation.

Gann 9 - is the only financial app that allows users to effortlessly apply the legendary W.D. Gann's tools and methods for trading (including the Square of 9).

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