Analisys of last 2 months movements in West European stock exchanges
suggest we've entered a "stable era" i.e. a period where, in my desk, the
main frame (graphs with moving averages + vortex + random walk indexes +
supertrend) plays the part of the lion.
So other frames, expecially the vzo-pzo will be since now less and less
important as markets will become more and more stable (pzo & vzo are
indicators fitting better oscillating periods), as private investors are
going to entering progressively the market on their own.
A period of 3-5 years of stable growth seems to face the markets.
Ps: we remember that random walk are better for US markets, vortex for the
EU ones, as previously discussed in a post in this blog.
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