Jun

20

I've been watching NYSE advancing issue volume minus declining issue volume, and it seems to lead the S&P futures by a few seconds and is a good barometer of the day. Yesterday it rolled into negative territory as the S&P fell off its midday highs before flip-flopping around and rebounding into positive on the up close. Last week saw some days over a million on either side on the runs. It seems more direct than TRIN, the predictive value of which Vic and Laurel have disproved in published studies.


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search