WLC Daily Charts – 3/16/2020

by | Monday, March 16, 2020 - 10:36am

I’ve designed the following charts to be easily read by non-technical analysts. The simple line charts have been coloured to match my “FAB” indicator. This proprietary indicator generates one of 4 views, from most bullish (positive) to most bearish (negative). Think of the coloured lines as market traffic lights:

DARK GREEN (GO) – Bullish: High probability of increase;
LIGHT GREEN (get ready to go) – Neutral Bullish: Mild positive – some probability of increase or flat;
PINK (get ready to stop) – Neutral Bearish: Mild negative – some probability of decline or flat; and
DARK RED (STOP) – Bearish: High probability of decline.

Note that the assets and/or ETFs selected were chosen to facilitate the practice of Intermarket Analysis. As all global markets are linked, analysis of any one market should include analysis of the others.

Daily or Weekly Charts?
I provide both daily and weekly charts for analysis on this website. Investors should determine which time horizon is most important to them for their chosen market or investment before selecting the correct chart timeframe. Generally, daily charts are for time horizons of several weeks, and weekly charts are for time horizons of several months.

Click on my name above, or the main part of this site for the latest daily and/or weekly chart: https://publish.optuma.com/author/fabien-ouellette/ (copy and paste into your browser).

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