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23 Cards in this Set
- Front
- Back
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In the Market Forecast, what is the 1st line to look at?
What does this line signify? |
Green line.
Signifies our IMMEDIATE, CURRENT Trend |
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How do we read the Green Line on the Market Forecast?
-What does ABOVE 80% mean? -What does BELOW 20% mean? -What does middle area mean? |
Similar to MACD & Stochastics.
- INDEX (ABOVE 80%) = OVERBOUGHT -INDEX (BELOW 20%) = UNDERBOUGHT - Middle = NO MAN's LAND |
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If the green line in Market Forecast is in the middle, what direction can we expect it to go?
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Can really go either way
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When the market forecast line is above 80%, what does this tell us about our INDEX?
-What can we expect to see in our future? |
It is OVERBOUGHT.
-SELLING sometime in future |
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When the market forecast line is below 20%, what does this tell us about our INDEX?
What can we expect to see in future? |
Has already pulled back
-BOUNCE |
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If we see our Green line in Market Forecast DIP below 80% level, what should we expect to see?
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PULLBACKS
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If we see our Green line in Market Forecast DIP above 20% level, what should we expect to see?
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BOUNCES
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Let's say Green line in Market Forecast is in "overbought" territory and we should see some selling coming back soon.
-WHEN should this selling happen? -WHAT should we then see? |
Green Line Dips BENEATH 80% level.
We should THEN see some PULLBACKS |
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Anytime the Green line in market forecast is BELOW the 20% line, it's telling us that what?
-Anytime going forward, we should get to see what? |
INDEX has had a pretty good PULLBACK.
-A BOUNCE coming up. |
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In Market Forecast, anytime we can get the Green, Red and Blue lines together, what is this called?
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CLUSTER
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If we get cluster BELOW 20% what should we see our index doing pretty soon?
-Making a move to what? |
BOUNCING UP
-UPSIDE |
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If we get cluster ABOVE 80% and then dip beneath 80% line, we should expect to see a what?
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DROP
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Let's say all 3 cluster BELOW the 20% line. Then, it dips ABOVE.
What can we expect to see? |
GAINS
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Let's say all 3 cluster ABOVE the 80% line and get into a cluster. Then, it dips BELOW.
What can we expect to see? |
SOME DROP
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Which Line in Market Forecast signifies the "markets"
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Green line
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Which 2 lines in the Market Forecast are the "faster moving averages"?
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Red and Blue Lines
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In the Market Forecast, what does the following Lines indicate?
-RED? -BLUE? |
Red = MOMENTUM
Blue = NEAR TERM |
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Even if tide is pushing further and further, every "push" has a little bit of a _______
Markets are like the tide, every "push", has a (a little bit of a) _______ |
PULLBACK
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In Market Forecast, let's say the Green line is moving up.
If at the same time, the RED and BLUE are turned DOWN, we can expect the INDEX to have what? |
A PULLBACK
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In Market Forecast, if the Green lines are moving higher, while at the same time both the Red and Blue are moving lower, we can expect to have some kind of pullback.
What can we expect this pullback to be? |
SHORT LIVED
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In Market Forecast, let's say our Green line is moving in an uptrend. At the same time, our Red and Blue area also in an uptrend..
What does this tell us there's a pretty good chance of happening? -WHY? |
INDEX will have a good move to the UPSIDE.
-Both Red (momentum) and Blue (near term) are "behind it" giving it a little PUSH at the same time |
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In Market Forecast, if you're looking at the NASDAQ and green line is moving higher, what does this tell you about the overall NASDAQ?
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Overall, we are BULLISH
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In Market Forecast, let's say our Green line is moving down. At the same time, our Red and Blue lines are also moving down.
What should we expect with this INDEX? -What types of trades should we think about doing in this type of scenario? |
We should expect the INDEX to pull back.
-Maybe buying puts or bearish types of trades |
