Was looking at decision points charts and noticed that TRIN 55 MA is at some kind of major extreme low, at least going back 3 years. Decision point only goes back 3 years with that chart, and it has never been so extremely low.
Not sure what that means, can't get a good picture of it on my system. Can someone post a TIRN/market chart with 55 MA going a few years back ?
TRIN 55 EMA
Started by
ogm
, Jun 21 2007 09:11 PM
8 replies to this topic
#2
fib_1618
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Posted 21 June 2007 - 09:19 PM
Keep in mind that we generated a TRIN of 16 on 2/27 that brought the 55 day SMA to such lows.Not sure what that means, can't get a good picture of it on my system.
What did you want to know? I have data back to 1980.
Fib
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#3
ogm
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Posted 21 June 2007 - 09:30 PM
Keep in mind that we generated a TRIN of 16 on 2/27 that brought the 55 day SMA to such lows.Not sure what that means, can't get a good picture of it on my system.
What did you want to know? I have data back to 1980.
Fib
I wanted to know if extreme low readings of this MA mean anything. This is an event that hasn't occured for at least 3 years.
#4
rkd80
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Posted 21 June 2007 - 09:42 PM
Is this sort of what you were looking for? Doesnt appear to be at historic levels, but its pretty low and tops have formed at these levels in the past 6 years.
http://stockcharts.com/h-sc/ui?s=$TRI...1&listNum=3
http://stockcharts.com/h-sc/ui?s=$TRI...1&listNum=3
Keep in mind that we generated a TRIN of 16 on 2/27 that brought the 55 day SMA to such lows.Not sure what that means, can't get a good picture of it on my system.
What did you want to know? I have data back to 1980.
Fib
I wanted to know if extreme low readings of this MA mean anything. This is an event that hasn't occured for at least 3 years.
“be right and sit tight”
#5
fib_1618
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Posted 21 June 2007 - 09:43 PM
The other times in which the 55 day moving average of NYSE TRIN reached the 1.40 level are:I wanted to know if extreme low readings of this MA mean anything. This is an event that hasn't occured for at least 3 years
December 1987
July, August, September 2002
March, April 2003
February 2007
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#6
rkd80
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Posted 21 June 2007 - 09:47 PM
Fib,
THose are extreme highs on the TRIN which coincide with bottoms, i think we want the opposite.
rkd
THose are extreme highs on the TRIN which coincide with bottoms, i think we want the opposite.
rkd
The other times in which the 55 day moving average of NYSE TRIN reached the 1.40 level are:I wanted to know if extreme low readings of this MA mean anything. This is an event that hasn't occured for at least 3 years
December 1987
July, August, September 2002
March, April 2003
February 2007
Fib
“be right and sit tight”
#7
fib_1618
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Posted 21 June 2007 - 09:57 PM
What you want, and what the market gives you the work with, can be very different at times, but should always be respected for what it might imply.Those are extreme highs on the TRIN which coincide with bottoms, i think we want the opposite.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#8
BigBadBear
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Posted 21 June 2007 - 11:30 PM
lol. such resolute bearishness
What you want, and what the market gives you the work with, can be very different at times, but should always be respected for what it might imply.Those are extreme highs on the TRIN which coincide with bottoms, i think we want the opposite.
Fib
#9
ogm
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Posted 22 June 2007 - 05:54 AM
rkd80, that is exactly what I was looking for, but with simple 55 MA, but I do see the picture with EMA too.
Simple MA is at .94 which hasn't happened in the past 3 years at least.
Fib, its not about what I want
Carl has this line market as some kind of line of importance, so I'm interested to see what the history of it is, since I can't see anything going back more then 3 years.
Simple MA is at .94 which hasn't happened in the past 3 years at least.
Fib, its not about what I want
Carl has this line market as some kind of line of importance, so I'm interested to see what the history of it is, since I can't see anything going back more then 3 years.
