Determining Primary Trend & Strength of Trend

December 13, 2023

Shane C. Murphy, CMT

Associate, Michael Roberts Associates Inc.

To view this content you must be an active member of the CMT Association.
Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

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.