Column AT – Commodity Sell
Column AS asks “is it a Commodity Sell?
Tony’s testing indicates that if a stock is based on selling a commodity – for example a mining company, or one involved in lumber or even agricultural products – and that commodity is in a 3PTL sell, then the company’s stock will follow the trend.
If we pick up the commodity downturn early, we can exit the stock without waiting for it to cross its 3PTL sell. You can check commodity graphs in Stock Doctor as well as sites like Index Mundi. And draw the 3PTL for them the same way you would any stock, with a 5 Year Monthly chart.