Trend Level: Sector Breakdown for the Futures Markets
Measuring Opportunity with the Trend Level Indicator :A big part of successful trading is to identify what is working, while it is working, and to seize the opportunity while it is available. The opportunity can be demonstrated using a sailboat analogy. The stronger and longer the wind blows the faster and further the sailboat should move. Conversely, in the absence of wind, we wouldn't expect movement. The best sailboat in the world is not going to go anywhere without some sort of wind. Expanding the analogy, it is normal for winds to be blowing in most markets (trends) and occasionally for there to be strong winds in some markets (sustained trends).
In general, Trend Level ("TL") values greater than +5 indicate the presence of a noteworthy up move (or up-trend) and TL values les than -5 indicates the presence of a noteworthy down move (or down-trend) in the markets.
Trend Level (TL) Level Descriptions:
- Bullish trending markets greater than +5
- Bearish trending markets less than -5
- Neutral markets between +5 and -5
Trend Level Comparison Chart:
[Trend Level Sort by Strength]
Trend Level Sector Comparison:
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Currencies | Energies | Equities |
Interest Rates |
Grains |
Meats |
Metals | Softs |
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