DecisionPoint

February 2019

DecisionPoint

DP Alert: SPY & XLI Trigger LT Trend Model BUY - Dollar (UUP) PMO SELL Signal

by Erin Swenlin

In mid-week DP Alerts, I generally only review the SPX, as it is a Scoreboard index. However, DecisionPoint signals are reported to Timer Digest based on the SPY. Yesterday, the SPY generated a Long-Term Trend Model (LTTM) BUY signal... Read More 

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DP WEEKLY WRAP: Looking At NKE Technicals

by Carl Swenlin

In a basketball game on Wednesday a Nike shoe literally peeled off the foot of 285-pound, 6-foot-7-inch Zion Williamson. The resulting knee injury was regrettable, but the reporting of the incident was rather amusing... Read More 

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DP Alert: New LT Trend Model BUY Signal for Dow - Oil Looking Good

by Erin Swenlin

Today, we had two important signal changes. First, on the Dow Industrials, a LT Trend Model BUY signal triggered as the 50-EMA crossed above the 200-EMA. Second, USO generated an IT Trend Model BUY signal... Read More 

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DP WEEKLY WRAP: Negative Signs Still Haven't Delivered

by Carl Swenlin

There are some indicators that have been warning of a price top for a couple of weeks, but the market just keeps powering upward. (1) There is an OBV reverse divergence, where the OBV has exceeded its December top well ahead of price... Read More 

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DP Alert: Bearish Rising Wedge is Back on SPX

by Erin Swenlin

No changes to the DecisionPoint Scoreboards today. My concern now rests on the new bearish rising wedge that has appeared on the SPX chart. Not all of the indicators are confirming the recent rally... Read More 

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DP WEEKLY WRAP: The Pleasure/Pain Cycle

by Carl Swenlin

I have a theory about the market that I'm thinking of tuning up for submission to the Nobel Prize committee. It goes like this: (1) Things get better and better until they are as good as they are going get... Read More 

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DP Alert: Dollar Scores Three New BUY Signals

by Erin Swenlin

Yesterday, I wrote about the new IT Trend Model BUY signals that are now resident on all four Scoreboards. I also noted that what used to be bearish rising wedges have become rising trend channels... Read More 

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DP Bulletin: New IT Trend Model BUY Signals on Scoreboards - Rising Trend Channels

by Erin Swenlin

Just a quick bulletin to let you know that the SPX, OEX and NDX have triggered new IT Trend Model BUY signals. Though Dow got off to a head start, they are now all in line... Read More 

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DP WEEKLY WRAP: SPY Breakout and New BUY Signal

by Carl Swenlin

On Thursday, on expanding volume, SPY broke above the declining tops line drawn from the October Top, and at the same time it broke above the 200EMA. Then on Friday the SPY 20EMA crossed up through the 50EMA causing the IT Trend Model to change from NEUTRAL to a BUY signal... Read More