Tuesday, February 9, 2010

Update on The Ultimate Momentum Signal

Here is the updated spreadsheet showing the Momentum Signal as on the close of today, the 9th, Feb. 2010.

 

The projected levels of closing values required for momentum shift / continuation as on the close on  tomorrow, the 10th, Feb. 2010 is given in the table below.





At present the Nifty futures is  trading in a range above the 200 day simple moving average but below it's  other shorter term moving averages and these shorter term moving averages may become the resistance points from now on. The chart below shows all these moving averages and its values.

 

Cheers and Happy Trading!!!

You can read the Info and Instructions document from here.
You can also checkout the five year history of The Momentum Signal Spreadsheet from here.


Disclaimer: No research, information or content contained herein or in the accompanied spreadsheet shall be construed as advice and is offered for information purposes only. We shall not be responsible and disclaim any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered by the user or any third party as a result of or which may be attributable, directly or indirectly, to the use of or reliance on any information or service provided. All files/information is provided 'as is' with no warranty or guarantee as to its reliability or accuracy.

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