1994-2011
Practice Spotting the Closing Power Trend-Breaks
Treat the signals here as advisory. Trade the trend of the Closing Power,
except in periods of high public speculation, as in 1999-2000. See the
trend of Opening Power, too. This gives you a sense of what openings
are likely to do. Big moves are often made when both Opening and
CLosing Power are going in the same direction. B21 and S21s periodically
show the BOTH UP and BOTH DOWN considtion.
Usually clear CLosing Power trend-breaks work well.
Notice the S7s and B7s that advise you of a big divergence
between price and CLosing Power. .
Sometimes useful is Chaiken's IDOSC. Note the changes of directions and NC's. The IDOSC changes of direction work well when the market is
uptrending. When they fail, it is a sign of a weakening or downtrending
market. Vertical lines are shown where the IDOSC turns up in negative
territory. IDOSC turns up after they have failed to confirm a new low
by making a new low of their own are more likely to work.
| 1994 IDOSC 6 good 5 bad as predictors for 1 week.  IDOSC IS SHOWN IN SECOND CHART OF EACH YEAR  |
IDOSC 6 good for 1 week out prediction. 0 bad.
