| Market Outlook | |
|
CAUTION |
|
|
.Bias |
NEGATIVE |
|
.BLI |
NEGATIVE |
| Extended Forecast | |
Barometer Leading-Indicator
Barometer Leading Indicator- current study
The current study of the market.
Barometer Leading-Indicator- Full Chart:
How the Barometer-plot with Positive and negative boundaries works.
Barometer Leading-Indicator- March 2003 Rally Chart:
Shows how the market turning from a negative environment to a positive environment works.
Barometer Leading-Indicator- June 2003 Channel Chart:
Shows view of the Barometer channel; when forecast change is made, this data is used.
Why the indicator: The indicator is used to make advanced decisions on the Barometer forecast- this way users of the site can see why those changes take place.
The indicator can also be used to assist in "swing trading". Swing trading is the process of buying and selling stocks during the cycles of a market or stock.
What is it: It is a chart that represents the output of several Barometer models. Two of which are the 'News' and 'Stock Portfolio' models.
These models run several times a day and produce analytical metrics that are used in several ways. One of which is to produce the plot for the Barometer. There are two others that are used to identify bearish and bullish conditions in the market.
These data-points are placed on the chart, along with the Barometer-plot, to produce a chart that ends-up with three plots for each trade day. A Barometer-plot, a bullish plot, and a bearish plot make up the Barometer Leading-Indicator chart.
These three plots interact with each other and depending on the position of each plot, determines the market environment, according to Barometer methodology.
What are the benefits: The Barometer Leading-Indicator is used by us to make forecast changes. You can benefit by being able to identify the different market conditions and directly benefit by assisting in your buy/sell/hold strategy/methodology.
These are samples of how the Barometer works. For current studies used to forecast, you can begin at the Barometer page where trends, tops, and bottoms are predicted.
Barometer Leading-Indicator- Full Chart
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Barometer Leading-Indicator- March 2003 Rally Chart
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Barometer Leading-Indicator- June 2003 Channel Chart
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Go to the Barometer where predictions are studied