Thursday, April 14, 2011

comments and outlook for 04-15-2011

Well as I commented - we started out weak and looked like we were going for a red day until the last hour.  So another day that closed green (just barely on the  S&P).

So let's try this one more time - we open weak and close red.  Best guess is we are down 10 or more points by the end of the day. 

Lots of good info on the visual:

GL traders.  Do your own analysis.


  1. I love your work but you lost me on this one. I kind of understand DPO as a guide of past cycle movements but I guess I am just slow.

  2. DPO - Detrended Price Oscilator. DPO shows the effect of a cycle (gives you the amplitude of the cycle) - which allows you to estimate the movement due to a cycle. See chart school for a more complete explanation: