Futures Forecasts Explained
Our trend analysis which creates our futures forecasts generates up and down signal bars on each chart when buying or selling pressure builds up in a stock index, commodity or other futures prices. The forecasts are not a recommendation to immediately buy or sell each contract. The futures forecasts are merely a signal to watch for more momentum above or below any generated forecast bars.
Usually the signals show that buying or selling pressure has gained momentum and a new high or low price can be about to happen which will form a continuation of the current trend OR in reverse the futures price is at an extreme, and the closing price of a bar in the opposite direction to the last forecast can show you a decent reversal or stalling point in the current trend.
Let's look at a couple of simple examples.
New trend starting and continuation signals
Reversals In Trends
