Commentary

11/23/20 – Current Signals

The mild weakness on Friday afternoon, modified the signals a bit but they still remained bullish.

Rate of change (r) has been dropped. Weighted moving average (w) and Double Exponential moving average (d) have been added. I needed a fourth letter for a technical operation, and r behaves slightly differently than moving averages. The two added averages were easier to understand and program than others I considered.

Meanwhile, the consolidation in the foothills of Mt Lameduck continues.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s