For those that trade the microcaps and any stock priced higher that $10 per share, knowing the trend of the market can greatly increase your chance of success.  Using Quazimoto’s market direction function has proved successful especially when it comes to staying out of  deep market retracements.  I am currently adding a page to the sight that explains this in more detail, but for now I have added the traffic light in the right sidebar.  This traffic light indicates the” long term” trend of the market.  Long term meaning several days to a month or two.  The red light indicates the best time to stay out or set your stops close; yellow (with red or green) means trade with caution as change to market direction is expected; and green gives the go-ahead to trade with reckless abandon…or at least trading with deeper stops.  For the sub-penny and penny traders, market direction is less important.  Trading momentum is more important for those stocks.