DecisionPoint

February 2018

DecisionPoint

DP Bulletin: SPX and OEX New BUY Signals - Beware Outside Reversal Days

by Erin Swenlin

Two items I need to call your attention to. First, the PMOs crossed their signal lines on the SPX and OEX to trigger ST PMO (Price Momentum Oscillator) BUY signals... Read More 

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Flags Execute on Major Indexes - New BUY Signals on DP Scoreboards

by Erin Swenlin

The DP Scoreboard transformation actually began on Friday when the NDX grabbed a new PMO BUY signal after already logging a ST Trend Model BUY signal... Read More 

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DP Weekly Wrap: Promising Flag Formation

by Carl Swenlin

Nothing has happened this week to support my belief that we are in a bear market. If the market were in that much trouble, it seems to me that this week it should have headed lower. Instead, it has consolidated and formed a bullish flag formation... Read More 

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Why So Down on Gold?

by Erin Swenlin

I was asked during the MarketWatchers LIVE program today about my thoughts regarding Gold v. Dollar and particularly, why I'm bearish on Gold right now. I'll explain. The chart for Gold is bearish on many counts... Read More 

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DP Alert - ST Indicators Suggest Pullback

by Erin Swenlin

The NDX switched back to a Short-Term Trend Model BUY Signal on the DecisionPoint Scoreboards. The 5-EMA crossed above the 20-EMA which triggered the signal (the chart is below the scoreboards for your review)... Read More 

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DP Weekly Wrap: Bear Market Rally Over?

by Carl Swenlin

Last Friday the market executed a bullish intraday reversal, and this week it rallied five days straight; however, there were some problems. S&P 500 volume contracted into the rally, and Friday's candlestick was a bearish shooting star... Read More 

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DP Alert: Bullish Indicators - Gold Surges...For Now

by Erin Swenlin

The DecisionPoint Scoreboards didn't show any improvement from last week as the neutral and sell signals remained in the short term. PMO SELL signals are not yet on the weekly charts for these indexes, but they are lining up... Read More 

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Indicators Turning Up But is Correction Over?

by Erin Swenlin

The question that continues to arise this month is, "Is it over?". This correction was deeper than many expected or was about as deep as expected but it occurred so quickly... Read More 

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DP Weekly Wrap: Think Bear Market

by Carl Swenlin

Last week I asserted that the character of the market had changed from super bullish to normal bullish, by which I meant that we should start to see more normal bull market corrections... Read More 

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DP Bulletin: TLT New Long-Term Trend Model SELL Signal - ST Indicators Extremely Oversold

by Erin Swenlin

Two charts you should look at now. I mentioned yesterday that TLT was going to see a Long-Term Trend Model SELL signal today and it did. Additionally, ST indicators which had turned up have turned back down and have reached down into very oversold extremes... Read More 

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DP Alert: New PMO BUY Signal on Dollar - TLT Narrowly Misses Long-Term SELL Signal

by Erin Swenlin

No one can deny that this correction has been difficult and it has certainly left investors uneasy. However, the VIX is calming down somewhat and the Swenlin Trading Oscillators have bottomed... Read More 

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DP Bulletin: ST Trend Model Neutrals on Scoreboard Indexes - PMO SELL for Gold

by Erin Swenlin

Today all four Scoreboard indexes (NDX, INDU, SPX & OEX) logged new Short-Term Trend Model Neutral signals. These signals arrived when the 5-EMA crossed below the 20-EMA while the 20-EMA was above the 50-EMA. In addition, we saw a new PMO SELL signal on Gold... Read More 

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DP Weekly Wrap: Inadequate Correction

by Carl Swenlin

Because the DP Weekly Wrap is a recap of the week just ended, I normally lead with a daily chart; however, since there is so much agony being expressed about this week's correction, I am leading with a monthly chart to try to put things in proper perspective... Read More 

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What's the Difference Between the PMO (Price Momentum Oscillator) and MACD/PPO?

by Erin Swenlin

I am often asked first, "What's the difference between the PMO and the MACD (or PPO)?" which is usually followed by, "Why do you prefer the PMO?". I'll answer the second question right now. As a mother loves her child, so do I love the PMO--I was involved in its development... Read More