AbleTrend Blue X and Red X Are Your Road Map in Trading AbleTrend blue Xs are daily support levels and red Xs are daily resistance levels. Think of support as a price floor that prevents the price of a market from being pushed further downward and think of resistance as a price ceiling that prevents […]
AbleTrend is an antidote to volatility Ups and downs in the market make many investors anxious. Own your own objective roadmap and compass for your trading, that’s AbleTrend. Take an AbleTrend trial today, you will generate AbleTrend Fresh Sweet Spot signals on your own computer. You’ll soon find that you now have a safety measure […]
AbleTrend Buy on Blue and Sell on Red Signals AbleTrend sweet spot entry (SSb) defines a buying entry with an emerging blue bar or close up bar after the price tests the markets true support. The chart on the left below – LLY is an example. It soared up $12.66 since yesterday. AbleTrend SSb lets […]
What is the market’s support level? Market support level is the price level at which a declining bear market stops going down. Think of support as a price floor that prevents the price of a market from being pushed further downward. As a market approaches support, it tests its support level. If prices reach a […]
What is Trend and what is AbleTrend? A trend refers to the general direction in which the market tends to move. If we know the general direction that the market is heading, we can achieve a profit by simply riding on the natural course of the market. AbleTrend is a program that determines the highest […]
Earlier we introduced AbleTrends Industry Sector Monitor to discover the big picture of where smart money is moving to. You can change the workspace time frame to be monthly, weekly or daily for all the industry sectors in the workspace with simple clicks. Below are SLV and GLD charts with AbleTrend signals in progress. AbleTrend […]
Stock Indices have been largely pretty sideways since the start of the month. Last week we had a short week, and waiting for CPI this week. While the street had expect a cooler CPI print, this morning, we got an even cooler than expected headline number, sending stocks up pre-market. That quickly faded, and following […]
Earlier we introduced AbleTrends Industry Sector Monitor to discover the big picture of where smart money is moving to. You can change the workspace time frame to be monthly, weekly or daily for all the industry sectors in the workspace with simple clicks. The energy sector is forming an early trend. Below are XLE and […]
When you held some stocks and you saw prices were dropping like this morning. If you do not know the true market support levels, fear will drive you out of market when you should stay, or you will stay in the market too long with losing positions. But if you have AbleTrend in hand, you […]
One of the concerns that investors have is that holding stocks overnight is too risky with so much uncertainty around the world, plus frequent Fed speeches and job reports and so on. All that is true. But real money can be made by holding positions with safety measures in place. If you have AbleTrend in […]
