RTT Market Timer
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The search for Wyckoff Sign of Strength with RTT Market Timer
The RTT Market Timer is a service offered via the RTT Plus membership. The RTT Market Timer is a mechanical calculation to help find signs of strength phases in the market. The use of the RTT Market Timer is not to be done in isolation. Just as medical doctors request multiple tests (blood, insulin, cholesterol, etc) to complete a diagnosis so should the user of the RTT Market Timer consider the full health of the stock market by reviewing: Wyckoff logic, market breadth, implied volatility, technical trend, volume trends and inter market analysis.
This is what the RTT Market Timer looks like at a high level (the full context of the timer is excluded). Below you can see between 2003 and 2011, RTT Plus members can see a full 30 years. The reader should notice that the triangles come off support, this means draw downs (periods of unrealized losses) are minimal. There is no curve fitting, or any other weird statistical magic. The RTT Market Timer works because it uses the daily NYSE Advance and Decline detail in an extremely smart way.
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Here is a closer example of RTT Market Timer. The reader must understand that not all triangles are acted upon, after all they a calculated mechanically and are blind to the market risks of the moment. What the RTT Market Timer triangles do accomplish are critical moments of strength that deserve your immediate attention.
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Once a triangle has presented itself, the RTT Market Timer reader must consider the Wyckoff accumulation phase around it. For Example, the June 2012 triangle follows.
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The RTT Market Timer triangles can be inserted onto charts covering world exchanges, sectors, industry and individual stocks.(Please note that the triangles are calculated based on SP500 price action and are inserted on charts for analysis. The charting service requires RTT Indicators to allow RTT Market Timer triangles onto members custom charts.)
Here is an example of RTT Market Timer triangles on World Indexes.
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Here is an example of RTT Market Timer on Ford (F) when it was outperforming the market and when it was not.
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There are more tools in the readtheticker.com tool shed to review, consider the RTTTrendPowerOBV on the next page.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
.." If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole"..
Jesse Livermore Trading Rule
.."What greater wealth is there than to own your own life and spend it on growing"..
Ayn Rand
.....“I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.”..
Martin Zweig
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.
Bruce Kovner
.."Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market."...
Paul Tudor Jones
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