It is really a matter of choice, but from the original definition, the following would apply.
W/E 6/23 1268.37 VS 1268.45 RATIO= 1.000
W/E 6/30 1268.78 VS 1268.55 RATIO= 1.000
W/E 7/07 1268.05 VS 1268.37 RATIO= 1.000
W/E 7/14 1260.98 VS 1266.53 RATIO= 0.996
From a trading standpoint the chart below explains how I view the whole process.
The 5/21 ratio gives early warning, the 8/34 ratio hits 1.000 and the 5/21 below "0"
thats a cross down in my book. All numbers are weekend closes.
W/E 6/23 or 7/7 good enough for my work.
Hope this answers your question. Dates on the chart are a little missleading, numbers are not.
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!