DP Bulletin: One Lone BUY Signal Remains on the Scoreboards


Today, the Dow finally logged its Long-Term Trend Model SELL signal. This signal was triggered when the 50-EMA crossed below the 200-EMA. The Scoreboards below are ugly. The remaining BUY signal will be gone on the final trading day of the month - I highly doubt the PMO will be able to find its way back above the signal in time to prevent it. Below are the new Scoreboards, along with the daily and weekly charts of $INDU. It's highly doubtful that Santa will get here in time Christmas.

Technical Analysis is a windsock, not a crystal ball.

Happy Charting!
- Erin

Helpful DecisionPoint Links:

Erin's PMO Scan

DecisionPoint Shared ChartList and DecisionPoint Chart Gallery

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)


SCTR Ranking

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Erin Swenlin
About the author: helped create and manage the website alongside her father, Carl Swenlin. Together, Erin and Carl launched the DecisionPoint daily blog in 2009. She hosts the MarketWatchers LIVE web show at, and is also a Member of the CMT Association. Learn More
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