studying stock market trends
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Daily signals are increasingly bullish
Weekly signals remain bearish, but daily signals are increasingly in the bullish column. This smoothed rate of change study turned bullish on 6 February, the day after shares turned up from a low. This study makes quick changes, but has done well lately.
Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.