July 3rd, 2018

http://www.stocktiming.net/?p=3719

Today’s update tells us a very important thing.    Everyone has “different rules” for creating a new trend line, while the price direction is supposed to change at the same time.

There should be one simple way to determine if a trend line has changed and if a new trend line is in play. Here is how to do that: Pick a 5 setting SRSI first. The 5 SRSI will max out at a top or bottom reading when a trend has changed up or down.

(You can double check a trend line change by drawing traditional trend lines and you will find that they coincide with the max 5 SRSI reading.)