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321 CR SPR 21.96 10.04%

ROC Indicator Has Been Cleared for Lift Off

By Woodshedder – Fri Aug 3, 2012 11:58pm – No Comments

After a year of whipsaw, this long-term trend indicator may finally be cleared for lift off.

The blue line is the 252 day rate-of-change and the red line is the 5 day rate-of-change. The ROC252 has not seen this level since July 2011. While it certainly could start trending back downwards and resume the whipsaw, past history shows that it spends most of its time above the red line.

Going long and short, but not including commissions and slippage, the ROC indicator when applied to $SPY has produced gains of 15.49% year-to-date.

And now I must finish packing to meet The Fly, Chess, Cajun, Thaler, Gap&Yap, Jeremy, and all the other iBC crew in NYC.

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Comments are closed.

Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,307.20 -0.52% NASDAQ 3,463.30 -1.11% S&P 500 1,655.35 -0.83% VIX 13.82 3.37%	SPX 500 (CFD) 1,659.40 0.24% DOW (CFD) 15,349.00 0.27% NASDAQ 100 3,007.10 0.27% EURUSD 1.285 -0.42%	UK 6,840.27 0.53% GERMANY 8,530.89 0.69% FRANCE 4,051.11 0.37% SPAIN 8,462.40 -0.02%	H. KONG 23,260.00 -0.45% JAPAN 15,656.00 1.60% KOREA 1,993.83 0.64% SHANGHAI 2,302.40 -0.12%	NAT GAS 4.18 -0.21% GOLD 1,387.00 0.68% SILVER 22.21 -1.04% COPPER 3.36 0.72%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.00 -128.57% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.90 -0.37% GERMAN 10YR 1.43 2.59% ITALIAN 10YR 3.91 -0.31% SPAIN 10YR 4.18 -0.17%	WTI 94.28 -1.98% BRENT 102.30 -1.55% WTI/BRENT 8.02 321 CR SPR 21.96 10.04%