Here’s how our current Model’s compare to the three trends mentioned in the beginning of this Guide:
SHORT-TERM (intra-day or next day): MTSD and Strength indexes (SD/ST in TOS): Intra-day to a one-day trend. Updated daily on the spreadsheet. A signal can be used intra-day or used at the close which indicates the next day bias – UP or DOWN.
INTERMEDIATE-TERM (3 to 5 days): BoP and Swing Signal algorithm: 2-7 day trends. Updated daily on the spreadsheet.
LONG-TERM (months or years): Long-Term (LT) algorithm signal. Typical move lasts 1 month to 1 year or more. Updated daily in the spreadsheet and charted weekly in the Insights newsletter.