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Finding Pure Strength Using the PMO (DP Trading Room Video)

by January 22, 2024
January 22, 2024
Finding Pure Strength Using the PMO (DP Trading Room Video)

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FINDING PURE STRENGTH USING THE PMO!

After doing the market overview and sector rotation discussion, Erin shows viewers how to find “pure strength” using the PMO and the zero line. She also explains how we can also see “pure weakness” or diminishing strength and weakness using the PMO and the zero line. She finished the show with a look at viewer symbol requests.

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

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Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Helpful DecisionPoint Links:

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DecisionPoint Chart Gallery

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules

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