Bull Bliss: MagicT Gets Markets High
A cuppa MagicT anyone? No, it's nothing to do with tea (or mushrooms!) It's short for "Magic Trough".
The unique TrendSensor Trading System I have developed is comprised of about seventeen modules, including seven particularly powerful indicators or chart patterns. MagicT combines price pattern and a responsive indicator to reliably deliver buy signals early in the new, strong rally that normally follows a precipitous decline fueled by panic and fear.
In case you're interested in the technical stuff, MagicT combines times series analysis of volatility with a statistical measure of an overly prolonged trend, and simple chart patterns to confirm the reversal back up.
Paste the URL below into your browser and you'll be taken to a chart of the DAX Index (Germany) covering 14 years, two bull markets and a bear market. The 16 buy signals are the work of MagicT and you'll see 15 of them are nicely nestled near the bottom of market troughs (low points).
www.trendsensor.com/Charts/DAX-LT-MagicT.png
As you can see, most of the significant lows are nailed by MagicT, and the only signal that's clearly not timely is the first one in 2002.
Unlike the Germany market, many market indexes throw a MagicT buy signal only once every two or three years. Yet right now I can identify 14 market indexes (all within USA and Europe) that are primed to trigger a MagicT buy signal. That's phenomenal! And very bullish. A few of these may not fulfill all the signal requirements within the time frame allowed, but there are ten markets that appear very likely to throw MagicT buy signals within the next week or three. These ten markets are evenly split between Europe and USA:
* Europe: ATX (Austria), BFX (Belgium), CAC40 (France), DAX (Germany) and FTSE100 (UK).
* USA: BIX (S&P Banking Sector Index), HGX (Philadelphia Housing Sector Index), NYA (NY Composite), SPX (S&P 500) and SXX (Philadelphia Semiconductor Sector).
When MagicT rides into town within the next few days, it probably signals the start of the last excellent buying opportunity within the US and European markets for a long time to come.
All my trading signal clients will be onto this rare opportunity - and you're invited check out my free 5 week trial offer: get on board before MagicT rides into town!
Murray Nickel is a mathematician, statistician, and professional trader. He offers a free trial of trading signals for market indices and index ETFs, spot Forex, and spot Gold. He also mentors traders aiming to excel at trading global markets.
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