OVB/OVS Update
Started by
LeroyB3
, Mar 28 2007 08:57 PM
5 replies to this topic
#1
Posted 28 March 2007 - 08:57 PM
Here is the update for the Overbought/Oversold indicator for the OEX:
(Click to Enlarge)
It doesn't look like we are done going down yet. The Overbought level will get pretty close to 0 (if not at 0) before we are done. The Oversold level will also come up some more...at least to around 15-20.
Best,
LB
(Click to Enlarge)
It doesn't look like we are done going down yet. The Overbought level will get pretty close to 0 (if not at 0) before we are done. The Oversold level will also come up some more...at least to around 15-20.
Best,
LB
#2
Posted 29 March 2007 - 09:45 AM
Here is the update for the Overbought/Oversold indicator for the OEX:
(Click to Enlarge)
It doesn't look like we are done going down yet. The Overbought level will get pretty close to 0 (if not at 0) before we are done. The Oversold level will also come up some more...at least to around 15-20.
Best,
LB
leroy, does this work on other indices as well. I'm particularly interested in energy indices here as they look alike a tremendous short setup
#3
Posted 29 March 2007 - 10:50 AM
Of course...what index in particular are you wanting to look at?
Best,
LB
#4
Posted 29 March 2007 - 11:07 AM
Of course...what index in particular are you wanting to look at?
Best,
LB
oih or even crude oil
#5
Posted 29 March 2007 - 01:10 PM
Look for it later tonight.
LB