ARTICLE SYNOPSIS...No, this has nothing to do with Sherlock Holmes. It has a lot to do with the linear regression slope, r-squared, and how combined they can tell you whether the trend is strong.
ARTICLE SYNOPSIS...Is the Nasdaq in a trend or not? R-squared, a by-product of linear regression, is one way to find out. Does it do better than the vertical horizontal filter (VHF), another trend measuring indicator?