We’ve been off line for a month or two as we rebuilt our new webiste. You can view it at www.thechartist.com.au
US markets have kicked strongly out of a month long congestion and showing signs of continued strength in the short term. On Friday we advised subscribers to initiate long trades aligned with the Model Account that has been sitting idle whilst this market tries to sort itself out. Last night move allowed saw numerous new positions initiated as well as two  existing positions reach their respective targets:
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Click to enlarge
TTI shows the kinds of explosive moves being seen at present:
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We’ve added two new filters to our analysis in an attempt to remove excessive noise on some trades. One filter is at the micro stock level whilst the second is at the macro market level. We feel confident that these will enable better trade selection.
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