Do you remember in April/July, fundamental analysts were saying that the fundamentals looked good and in October they were saying the fundamentals looked bad?
The Technicals on the other hand were pointing down in July and up in October. Have a look at the charts below. If you want to profit in these markets, you need INDEXIA Technical Analysis charts.
Notice how the INDEXIA Filter signals can be up to two to three weeks earlier than the ordinary averages saving your thousands in the market. Notice how the INDEXIA Filters in the lower chart put you back into the market in mid-October when everyone was talking of a further fall. The ordinary averages only gave their buy signal at the beginning of November - 400 points higher!!.
INDEXIA's Market Tracker attempts to assign probabilities to price reversals. It has a fixed scale range of -100 to +100 where +100 is considered very overbought or a 100% chance of a price reversal down and -100 is very oversold or 100% chance of a price reversal up. Turns away from these levels indicate that the trend has changed. The Market Tracker is a 'frame of mind' indicator. It puts you in the right frame of mind for a trade. You wouldn't want to be a buyer when the Market Tracker is at +100 or a seller when it is at -100.
Notice how the Market Tracker was putting you in a buying frame of mind in September/October.
Speed measures the power behind the price. Buy and sell signals can be taken when the speed line crosses above and below the trigger line. Notice how well this picks up the turning points in the market.
