No. of Recommendations: 11
Lohill posts weekly updates to the GTR1 Bear Catchers and here is a recent posting of his..
https://discussion.fool.com/t/recent-bcc-signals-2...The directions he gives can also be run daily. To see the most current signal without having to run the report
just follow his link to the GTR1 backtester and hit 'Run Screener' and look at the bottom line which shows the
current state of the Bear Catchers. 'N/A' in all fields indicates all three signals are in a bearish state(BCC=0).
If BCC=2 then only the BCII (New High New Low) signal is bullish. (I tried to post a table of the 7 different
BCC states but I was unable to format correctly).
After the close today BCII (New Highs New Lows)indicator switched to bullish. Like the last signal change
(8-5-2022 to 8-22-22) this signal could result in a whipsaw especially since the market is so over-bought in the
short term. The signal will underperform during bull markets but has decreased risk over the last few years.
Of course the other Bear Catchers can be used in combination. Many thanks to Robbie for all of his work thru the
years and for continuing to maintain this backtester. Here is Lohill's link to the GTR1 backtester..
https://gtr1.net/2013/?!!QlpoMTFBWSZTWVb2ik4AAiLfg... 