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An Indicator With a 110-Year Record of Success Says ‘Buy’
Wednesday, September 5, 2012 21:20
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Traders should never rely on a single indicator in their analysis. They should use at least two indicators, and each indicator should be independent of the other. A very simple but useful analysis can be done with a short-term momentum indicator that is used to time entries when the chart pattern is bullish. (more)
Today, I want to cover a popular market ETF that is a strong buy based on a momentum indicator that most traders ignore and a bullish chart pattern. While few traders follow this momentum indicator, it has a backtested history of consistent success since 1900.
2012-09-05 21:11:22
Source: http://totalinvestor.blogspot.com/2012/09/an-indicator-with-110-year-record-of.html
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