They might be of interest for people looking for sideways trades or who take a less restrictive view of trend trading.
I measure the trend by the average directional index, which is given below after each symbol. By my rules, 30 and above on the adx is acceptable for a directional play, 20 to 29 is marginal, and below 20 is always disallowed.
Bull signals:
Bear signals:
DV showed a bear signal with an adx of 39, but the signal was counter-trend following a negative analyst comment.
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This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.
New to private trading? Here's a look at How to Become a Private Trader.
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