Determining Primary Trend & Strength of Trend

December 13, 2023

Shane C. Murphy, CMT

Associate, Michael Roberts Associates Inc.

A webcast presentation by Shane C. Murphy as part of the CMT Association’s Educational Web Series.

About this presentation: This presentation will review the 4 indicators Murphy uses to measure long-term trend and strength of trend. 

  1. Price-Momentum Oscillator
  2. Congestion Index
  3. RSI Histogram (variation of Wilder 14-period RSI) 
  4. Relative strength ratio charts

Each one will be discussed in detail and examples will be provided through recent market history.