Trading the SPX

Below is the SPX hourly trend model for the past two weeks.  The beauty of this model is that it has no directional bias, it is simply a trend following, rule based, purely mechanical, objective, algorithm-based trend line. 

SPX 60 minute trend model

I'm not advocating short-term trading here, just providing an illustrative model of trend following on a shorter-term time frame. 

 The monthly chart isn't all that different:

SPX monthly trend  model

This weekend I hope to provide a fresh overview of these models in my Weekend Update to the email list.  

Repetition is the father of learning - Lil' Wayne

A