2016 Traders' Camp
The limited availability of spots in our famous Traders' Camp is rapidly shrinking -
only two spots out of 20 remain open. We always limit attendance in our Camps, so that all participant can receive individual attention. These years we rarely run our Camps - our last time in this hemisphere was in January 2013 (we
did run a Camp in Asia in 2015). Try not to miss it. This Camp has a new format -
a bit shorter, a lot more intense, and less expensive.
Rather than having a guest speaker, the entire Camp will be taught by Dr.
Alexander Elder - lectures in the mornings and practice in the afternoons. We
booked 20 rooms at our favorite resort in the Dominican Republic (nearest airport
- Puerto Plata). We offer an $800 discount for early registration and an additional
$500 to any pair of traders registering together. This deal ends on August 15. In
addition, as soon as you register you'll receive free access to our webinars, listed
below (monthly cost $140 but free for you). The Camp fee covers everything
except transportation. Click Here for detailed information. We invite repeat campers to arrive a day early as our guests for a "social day" (a nominal fee for others).
August 2016: Current Market
A major confirmation of this bull market occurred on July 11, when the weekly
New High - New Low Index closed above +1,000 for the first time since 2014.
Such crossovers occur only during bull markets but not during bear market rallies.
NH-NL is my favorite forward-looking indicator. It closed at 761 last Friday, but
that is completely normal for a bull market. NH-NL doesn't have to stay above
1,000 permanently, but every time it rises above that level it confirms that a bull
market has t least several months of life left in it.
Compare its behavior to inhaling and exhaling. You have to inhale in order to live,
but you also have to exhale.
Turning to the daily plots of NH-NL, I like to analyze them not in one but in three
look-back windows: the standard yearly, plus quarterly and monthly (the idea to
add additional look-back windows came from Kerry Lovvorn, my partner in
SpikeTrade.) The daily NH-NL is in its bullish zones in all three of those windows. Click here to continue reading.
Summer Special - all software discounted 20%
Wake up from the summer slumber and take advantage of our unique,
never before offered deal - 20% off any software package. You can see
the complete list HERE (and be sure to click through to the second page).
Turbocharge your MetaStock, TC2000, TradeStation, Think-or-Swim, Ninja
Trader, MetaTrader, ProRealTime and several others that we support with
our Elder-disks. Click here to continue reading.