OptionsOutlet - Trade The Trend
   
 

CandleStick count of 15 day inside a pair of contricting Bollinger Bands.

The price trend is BELOW the 7-day simple moving averages (SMA).

Williams%R stock indicator 3 to 4-day trend is FLAT and is above the oversold line indicator.

Williams Accumulation/Distribution 3 to 4-day trend is UP.

MACD trend is DOWN and is below the MACD signal.  Although the MACD is above the zero level.

On Balance Volume 3to4-day trend is DOWN.  Momentum 3to4-day trend indicator is FLAT.

Indicators still reflect a downward trend.  No technical justification to exit existing put options.

Stock Chart  -- REACTIVE TREND FOLLOWING Template

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Useful Indicators and Chart Studies:

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Chaiken Oscillator

Channel Commodity Index

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MACD Indicator

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Money Flow Index

Moving Averages

On Balance Volume

Overbought Oversold Indicators

Puts Calls Ratio

Relative Strength Index

Stochastic Oscillator

Trend Lines

Ultimate Oscillator

Volume

Volume Oscillator

Williams %R Indicator

Williams Advance Decline



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