DislikedAwesome Indicator used to mark waves on Elliotu.SAR not previously enjoyed. Mainly I am working with RCI, the TDI and the MACD. I wanted to ask, what indicators you can watch for the detection of a reversal in the Dow?Ignored
For watching for REVERSAL in the Dow and of course the SP500, there is no real indicator other than using Risk On or Risk Off as it moves more from negative or positive news.
There is also cycles so if BAD NEWS comes out of Asia then it Affects Europe which then rolls to the North America Equities market.
Benjaminis