What's TRIN saying today?
#1
Posted 19 April 2007 - 10:47 AM
#2
Posted 19 April 2007 - 10:59 AM
#3
Posted 19 April 2007 - 11:13 AM
Barry,I use the 4-day TRIN and the 10-day TRIN average. To me these averages are relatively low, but not low enough to warrant a top. We basically need TRIN to close below .45 for these signals to warrant a strong sell signal. With that said the 10-day has issued a sell but Open Arms is still not there yet. When we are close to a sell because of relatively low TRINs for a week, we need a really low TRIN one day, to push us to a sell signal. Right now trin is at .70, so it is not low enough to issue a sell.
thanks. Just to be clear:
These signals are the average of the TRIN at the close on a day bar?
--jjc
#4
Posted 19 April 2007 - 11:34 AM
Mark S Young
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#5
Posted 19 April 2007 - 09:31 PM