DecisionPoint

DP News Bulletin: New Weekly PMO BUY Signal on $OEX

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As the week closes, we did see one new signal change on the DecisionPoint Scoreboards that I wanted to point out. The S&P 100 (OEX) triggered a new PMO BUY signal on the weekly chart. 



I wouldn't get overly excited given the PMO has flattened and is actually in danger of a whipsaw next week.


Helpful DecisionPoint Links:

DecisionPoint Shared ChartList and DecisionPoint Chart Gallery

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

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

ITBM and ITVM

SCTR Ranking


 

Technical Analysis is a windsock, not a crystal ball.

Happy Charting!
- Erin


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Erin Swenlin
About the author: is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master's degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor's degree in Mathematics from the University of Southern California. Learn More
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