Q. Why will the short term trend indicator point one direction, and the short term trend say a different direction?

A. When using the trend indicators (long, intermediate, and short), they show indications of where that trend could go. Example: if the short term trend indicator is up, and the short term trend is down, that would mean, the short term trend is down, and has signs of a possible change coming soon.

If trend indicator and trend are in the same direction, that is signs of a strong trend in that direction.

Q. What is the duration for long, intermediate, and short term analysis?

A. Long term measures months, intermediate term measures weeks, and short term measures days.

Q. What is a 3 day trend indicator?

A. The 3 day trend indicator measures moves of 3 days or more. That indicator is stronger than the short term, and weaker than the intermediate term indicators.

Q. What are the numbers on the welcome page?

A. They are price levels, also called support and resistance levels. You can use those numbers as a quick reference to find out the current direction of the market. Whatever price the market is currently at, you look to see what level it is above or below, and that indicates a move to the next price level.

Q. What is support and resistance?

A. A support level measure strength. The price should stay at or above that level, and indicates a move up to a resistance level.

A resistance level measures weakness. The price should stay at or below that level, and indicates a move down to a support level.

Support once broken becomes resistance, and resistance once broken becomes support. A support or resistance level is not considered broken until the price closes above or below that level.