Saturday, December 9, 2017

Dashboard Weeklies (based on the previous business day)

Weekly Time Frame Trading

AEX @ 547,22 (AEX Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/+.

BRENT @ 63,39 (BRENT Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/+.

COPPER @ 2,98 (COPPER Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup invalid.
Trend investment setup initiation variables: -/0/+.

GOLD @ 1.248,40 (GOLD Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/-.

SOYB @ 989,75 (SOYB Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/0/+.

SPX @ 2.651,50 (SPX Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/-/-.

UST @ 124,33 (UST Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/0/+.

WHEAT @ 419 (WHEAT Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/0/+.

XBI @ 83,93 (XBI Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment mode valid.
Trend investment setup initiation variables: +/+/+.

XEU @ 117,73 (XEU Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup invalid.
Trend investment setup initiation variables: -/0/+.

TTIP mode and trend investment setup validness is determined on a weekly basis.

The trend investment setup initiation variables are Trend Investment Setup, Trend Channel and Bollinger Band. 

Trend Investment Setup can be valid (+) or not (-). The Trend Channel can allow for movement in the direction of the trend (+) or not (-). If no reliable trend channel can be drawn the variable scores a zero (0). Bollinger Band can allow for normal price movement in the direction of the trend (+) or not (-). The last two variables should both be considered in a risk-reward context.

For an initiation of an investment we need three plusses (+/+/+).

For an explanation of the Trend Trade & Investment Principle, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.