$ Trin * ( arms index ) still showing an orderly selloff ...... looks like we need a real strong panic down day to create a tradable I T bottom
any comments ?
Arms index .....
Started by
trioderob
, Feb 23 2022 03:02 PM
4 replies to this topic
#2
OEXCHAOS
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Mark S. Young
Posted 23 February 2022 - 05:06 PM
Man! I used to use the ARMS. It used to be a pretty good bottom spotter. It probably still has utility, but when it goes off, most of the other bottom spotters will have gone off too, I'd bet.
Even so, I'd like to see a big number from that.
M
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#3
fib_1618
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Posted 24 February 2022 - 07:10 AM
We use the TRIN and the Open 10 TRIN daily...still works like a charm after all these years.
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#4
Darris
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Posted 24 February 2022 - 10:21 AM
Maybe old TSP sentiment might work again also. Early read 20% bull and 71% Bear. Probably been over a decade that one sided.
#5
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Mark S. Young
Posted 25 February 2022 - 02:24 PM
Maybe old TSP sentiment might work again also. Early read 20% bull and 71% Bear. Probably been over a decade that one sided.
23% 63% now. Still pretty Bullish for the Market.
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