UNP Watch

Union Pacific Corp. (UNP), the railway company, is showing a parabolic sar bull signal this morning after a two-day whipsaw to the bear side.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
UNP $77.89

The bull signal is aligned with an acceptably strong uptrend, with an average directional index of 31, albeit one that showed some weakness in late March.


The macd and stochastic are moving bullishly, and the Person's Proprietary Signal has also switched into bull phase.

You are here:

• Reversal
• $85.80, +10.2%
• $78.74, +1.1%
  
• $78.03, +0.2%
  
• Now $77.89
• Reversal
• $75.51, -3.1%
  
• $74.39, -4.5%

The present level is within a high degree of congestion set during extended topping in 2008.

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.

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Options as a Strategic Investment Options as a Strategic Investment is a one-stop source of practical information, clearly presented, about the the trader's most important tool for managing risk. This book occupies an important place on my desk.

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Abbreviations: psar - Parabolic Stop and Reverse adx - Average Directional Index pps - Person's Proprietary Signal ma20 - 20-day moving average macd - Moving Average Convergence-Divergence mfi - Money Flow Index sto - Fast Stochastic About the glance: The colors indicate the state of each signal.
• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.
Disclaimer

Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment. No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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