Last Hope
Anybody can use fancy indicators and different angles of view to add weight of evidence… but the simplest way I know of, to know if uptrend or not, is the 12 month (1 year) moving average!
It goes up, it’s an uptrend.. down, it’s a downtrend. It’s not a trading system by itself… isn’t that useful to give good entry points or exits… but what it is, it removes noise and tells you a clear message.
Exactly 🙂
It’s a wall of worry until it actually rolls over…