The following charts are updated on Tuesday and Thursday. Monday, Wednesday and Friday updates are also available. Expert SystemTrader will be moving to The Investor Mall in the near future. There are times when the signals from each time frame agree, but there are also many times when the signals conflict.
Judgment is required in such cases.
You can improve your ability to interpret the signals with practice. In a rising market, buy signals are usually timely and sell signals early. In an intermediate term or long term bull market , sell stops should be used . A breakout above a previous high after a sell signal, or a move substantially above the market's upper bollinger band will usually indicate a strong uptrend. In such cases, a sell signal is confirmed only by a break below the market's supporting trendline, or a candlestick reversal pattern on a subsequent test of the upper bollinger band.