Tuesday, March 25, 2008

VLE & Tides Signals

The VLE system confirmed the trend change today with two closes above the 25dema which has risen two consecutive days. The Tides system also confirmed the trend change today with 5 indexes above their respective 25demas which have all risen two consecutive days. However, the long term trend is still down as determined by the Cabot's Trend indexes below their 20 week smas and most indexes making new price lows this month.

Therefore, it would be prudent to enter new long positions over time to allow the new uptrend to prove itself.

I will update the system tracker link this weekend to bring all systems up to date.

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