HedgeFolios Timing Indicator
The Hedgefolios Timing Indicator found in the ANALYZE - MARKET STATISTICS section is worth a look. Given that I designed it, I am biased and think you should look at it every week - but please humor me and do it today. The HF Bearish (Red) line is above .5000 and the HF Bullish (Green) line is approaching .1000. In the past, these levels have indicated a slowdown to the current trends. This is not the same as a reversal of a trend, but more representative of a point where bullish and bearish moves start to run out of steam. This is not the only reason, but a signficant factor in the more positive (less negative) tones to my posts over the past few days. I won’t feel optimistic about a true bottom until the HF Bearish (Red) line starts to level off, heads lower and finally crosses over the HF Bullish (Green) line. It takes time to do that.

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