Tucker Report

TREND SUMMARY

Estimate and opinion of trends on assorted indexes. Please read below for details before using this table.

The above table represents an estimate and opinion of what the major trend is on the daily time frame. To compile this estimate of trend I am using a long term regression curve and the Ehlers Mesa Adaptive Moving Average. Sometimes these two indicators are out of synch with no clear trend, and if so I will indicate that in the comment section. I will also look at a stochastic based momentum indicator to see if there is evidence of an overbought or oversold condition, and any possible divergences developing. If so I will also indicate this observation in the comment section. There are many ways to define trend, and the way presented here is not necessarily the best way, it is just the way I define it in the time frame I trade. There is no implication on these trend summaries of a trading signal or trade recommendation.

These trend indications are meant only for educational purposes as a real time supplement to the articles on this blog, as well as the daily commentary. By no means are these trend indications meant to be buy or sell signals. These indications are not trading signals, they are just indications or suggestions of the probable near term direction of the market based on one method of trend determination. Do not trade based on these interpretations of trend.Please read the articles on the right sidebar of this blog to better understand how the trend indications were derived.