Trend update - ST trend change

These are the trends in various timeframes based on a objective trend identification methodology. No "If"s and "But"s are allowed.

LONG TERM

This controls the long term trends which runs for years, mostly good for investors. To me this is the timeframe which determines bull and bear markets.

Currently BULLISH
Will turn bearish approximately around 2500 level. Will publish the exact level, if and when we break 2500.

INTERMEDIATE TERM

This controls the medium term trends which run for weeks to a few months. Trading in the direction of the intermediate term trend offers the highest risk/reward and path of least resistance for short and medium term traders.

Currently BEARISH
Will turn bullish approximately around 2760 level. Will publish the exact level, if and when we break 2760.


SHORT TERM

This controls the short term trends which runs anywhere from 2 - 15 days. These signals can change quickly and for nimble short term traders.

Currently BEARISH

My short term trend turned bearish yesterday at SPX 2715. The ST trend has been doing a yo-yo every 2 days over the last couple of weeks. That's a sign that a huge trending move is about to begin soon.

https://twitter.com/Trader_NAV/status/999304971131801600

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