The Market Forecast is a technical indicator designed to find buying and selling opportunities based on market analysis techniques applied to several timeframes. It comprises three plots: Momentum, NearTerm, and Intermediate. These plots tend to cycle on daily, weekly, and monthly basis, respectively.
It is considered a Buy signal when the three lines go through a reversal at the same (or almost the same) time in the bottom zone, and vice versa, simultaneous reversal in the upper zone suggests the Sell signal.
||The Momentum plot.|
||The NearTerm plot.|
||The Intermediate plot.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.