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TDN
TDAX INDEPENDENCE 2030 ETF
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.24.2010 (8) days ago, when the stock price was 17.9999. Since then TDN has gained 2.11% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 18.210 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. It opened today with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.

The slight failure of the previous SELL signal is currently confirmed, too. We closely monitor the performance of the signals, but a few shots missing the target slightly are inevitable when you deal with the stock market. However, such signal failures are more unlikely for higher rated stocks.

We hope that you bought this stock . Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred on the short side last time, but we hope that this is just an exception.

Data provided by:  End of Day Data

 
BUY
CONFIRMED
18.380
+0.3601 +2.00%
Candlestick Analysis
Today’s Candlestick Patterns:
White Closing Marubozu
Candlestick Pattern

Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 18.380
Previous Close 18.020
Previous Open 17.680
Change +0.3601
% Change +2.00%
Volume 2,400
 
Stock Activity
Day's Open 18.210
Day's High 18.380
Day's Low 18.190
20-Day Close M.A. 18.390
50-Day Close M.A. 18.190
65-Day Volume M.A. 3,521
 

Two-Year Signal History
Date          Price   Signal $100
Became
09.01.10 18.210    Buy   168
08.24.10 18.000    Sell 168
07.15.10 18.130    Buy 169
07.09.10 17.830    Sell 169
07.06.10 17.330    Buy 164
06.16.10 18.400    Sell 164
06.10.10 17.630    Buy 158
05.14.10 18.945    Sell 158
05.11.10 18.750    Buy 156
04.13.10 19.740    Sell 156
04.06.10 19.510    Buy 154
03.18.10 19.360    Sell 154
03.12.10 19.011    Buy 151
03.10.10 19.020    Sell 151
02.16.10 18.000    Buy 143
02.05.10 17.560    Sell 143
02.02.10 18.280    Buy 149
01.07.10 19.310    Sell 149
12.28.09 18.300    Buy 141
11.20.09 18.852    Sell 141
11.17.09 19.100    Buy 143
11.12.09 18.810    Sell 143
10.29.09 18.260    Buy 139
10.13.09 18.600    Sell 139
10.07.09 18.300    Buy 137
09.23.09 18.810    Sell 137
09.16.09 18.430    Buy 134
09.11.09 18.250    Sell 134
09.03.09 17.400    Buy 128
08.17.09 17.560    Sell 128
08.12.09 17.950    Buy 131
08.06.09 17.870    Sell 131
07.14.09 15.850    Buy 116
06.16.09 16.520    Sell 116
06.01.09 16.390    Buy 115
05.14.09 15.600    Sell 115
04.23.09 15.000    Buy 111
04.14.09 15.470    Sell 111
04.09.09 14.700    Buy 105
03.20.09 14.250    Sell 105
02.25.09 13.650    Buy 101
01.16.09 14.980    Sell 101
12.16.08 15.650    Buy 105
11.26.08 15.520    Sell 105
11.19.08 14.800    Buy 100
11.06.08 16.410    Sell 100
11.03.08 16.540    Buy 101
09.29.08 20.350    Sell 101
09.24.08 19.470    Buy 97
09.19.08 20.100    Sell 97
09.12.08 20.760    Buy 100
08.25.08 21.760    Sell 100
08.08.08 21.800    Buy 100
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