Saturday, January 13, 2018

Dashboard Weeklies (based on the previous business day)

Weekly Time Frame Trading

AEX @ 561,10 (AEX Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/+.

BRENT @ 69,87 (BRENT Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/+.

COPPER @ 3,22 (COPPER Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/+.

GOLD @ 1.334,90 (GOLD Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/0/-.

SOYB @ 960,50 (SOYB Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/+.

SPX @ 2.786,24 (SPX Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/-/-.

UST @ 122,65 (UST Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/-.

WHEAT @ 420,50 (WHEAT Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/0/+.

XBI @ 89,62 (XBI Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment mode valid.
Trend investment setup initiation variables: +/+/-.

XEU @ 121,98 (XEU Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Trend investment setup initiation variables: +/+/-.

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.