ARTICLE SYNOPSIS...As traders know, markets have trend modes and cyclic (mean-reversion) modes. Last month, we introduced a new indicator--the trend correlation indicator--for trend trading, based on a straightforward yet novel concept. This month, we follow up with a seco
ARTICLE SYNOPSIS...Here, we introduce a new indicator: the correlation trend indicator. It could help you to identify the onset of a trend. It could also help you to detect the failure of a trend--thereby giving you an indication that a cyclic mode may be beginning