Intermediate Term
The Intermediate Term or Mid Term chart is a
stand-alone trading system like the Right Side chart. This
chart is designed to look for bigger moves in the market, and
is much slower to react than the Right Side chart. The system
is very easy to understand, the first close above the trendline
(1) is a buy signal. And the first close below the trendline is
a sell signal. These trend changes are listed in our nightly
reports. When the trend changes, the color of the bars on the
chart also change. Blue bars indicate an uptrend (2), while Red
bars indicate a downtrend.
This chart also presents the very influential Early Warning
Signals (3). These signals are also included in our nightly
reports.

Across the bottom of the screen, you will find a Trend
oscillator. A market is considered in an uptrend when the
oscillator is above the center line, or water line (4). And in
a downtrend when below the water line. As with all our
indicators, this oscillator turns blue when it's bullish, and
red when it's bearish.
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