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5 day arms ....OOPS


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#1 da_cheif

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Posted 15 October 2017 - 08:19 PM

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#2 OEXCHAOS

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Posted 16 October 2017 - 06:40 AM

That's up there.

 


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#3 Data

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Posted 16 October 2017 - 01:54 PM

You can plot the overlay of the TRIN behind the SPX, or vice versa, and see that it doesn't work.



#4 fib_1618

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Posted 16 October 2017 - 02:48 PM

You can plot the overlay of the TRIN behind the SPX, or vice versa, and see that it doesn't work.

 

Actually, it does when it comes to extremes, and particularly if you smooth out the data like the Open 10 indicator does.

 

We use it all the time in our chat sessions with a high degree of success.

 

Fib


Edited by fib_1618, 16 October 2017 - 02:50 PM.

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#5 Data

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Posted 16 October 2017 - 05:04 PM

It doesn't rebut what I just said about the plot which can be viewed more clearly with solid lines.That's how people use the TRIN/ARMS by trying to spot extremes.  There are common thresholds for spotting extremes, but the values can keep going beyond those.   People use values from 5 to 55, depending on their time frame.  It is just another variation of AD oscillators.



#6 dowdeva

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Posted 16 October 2017 - 05:33 PM

Fib,

 

Where are you getting your open Arms data?

 

I was under the impression that Stockcharts retired it.

 

Tia

 

Ps: Terry Laundry used to say Arms Index rising with stocks rising was extremely bullish.


Edited by dowdeva, 16 October 2017 - 05:34 PM.


#7 da_cheif

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Posted 16 October 2017 - 08:04 PM

Fib,

 

Where are you getting your open Arms data?

 

I was under the impression that Stockcharts retired it.

 

Tia

 

Ps: Terry Laundry used to say Arms Index rising with stocks rising was extremely bullish.

http://www.stockta.c...-bin/markets.pl



#8 da_cheif

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Posted 16 October 2017 - 08:07 PM

Fib,

 

Where are you getting your open Arms data?

 

I was under the impression that Stockcharts retired it.

 

Tia

 

Ps: Terry Laundry used to say Arms Index rising with stocks rising was extremely bullish.

http://twocents.blog...-wolanchuk.html



#9 da_cheif

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Posted 16 October 2017 - 08:10 PM

It doesn't rebut what I just said about the plot which can be viewed more clearly with solid lines.That's how people use the TRIN/ARMS by trying to spot extremes.  There are common thresholds for spotting extremes, but the values can keep going beyond those.   People use values from 5 to 55, depending on their time frame.  It is just another variation of AD oscillators.

once you learn clx analysis to go with good ewave analysis.....ur tool box will be nearly full of the rite stuff



#10 Waver

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Posted 17 October 2017 - 06:22 AM

It doesn't rebut what I just said about the plot which can be viewed more clearly with solid lines.That's how people use the TRIN/ARMS by trying to spot extremes.  There are common thresholds for spotting extremes, but the values can keep going beyond those.   People use values from 5 to 55, depending on their time frame.  It is just another variation of AD oscillators.

once you learn clx analysis to go with good ewave analysis.....ur tool box will be nearly full of the rite stuff

Hello da_cheif,

Where or what can I buy to learn about CLX?

Please let me know.
Thanks.
Anthony