S&P 500 Trending Stocks
The S&P-500 Index is a leading indicator of U.S. equities,
and is meant to reflect the risk/return characteristics of the large-cap universe.
For more information about this index, refer to the S&P 500 section
of our website.
dmtrend is based on Welles Wilder's concept of "Directional Movement".
Directional Movement signals occur as follows:
- Uptrend signal : +DI14 crosses above -DI14 and ADXR >= 25
- Downtrend signal : -DI14 crosses above +DI14 and ADXR >= 25
dmTrend applies similar criteria for conservative entry points but also generates early trending signals.
Be sure you understand the difference - refer
to our section Trading Using The Directional Movement System for details.
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