Tuesday, May 21, 2013

ShadowTrader Sector Trend Scores

Our statistical tracking of the ShadowTrader Sector Trend Scores has triggered a short term bearish signal for the broad market as of Mondays's close.
This indicator has been correct 49 of the last 71 signals as a predictor of a forthcoming short term move by the broad market. An indication is credited as being successful if within three trading days of the alert, the SPY closes below the closing price of the day the alert was triggered.