RTTTrendStatus Continues To Work Well
Rinse and repeat is what you like to see with an indicator. RTTTrendstatus answers many questions of the trend and its current status.
Once again when the SP500 reached extremes and RTTTrendstatus went BLUE, warning the reader the market is prone to profit taking, and once again the index sold off.
A must have in anyone's charting toolbox. Works best on consolidated indexes and ETFs.